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Haggai Trust Bank Group
In this Group: Margaret, Akosua, Akua, Haggai, Akua, Felicia
Felicia is a hard-working businesswoman who sells underwear and ladies' wear to customers through door-to-door sales. She is married to a trader. She is a 47-year-old mother of two children, ages 16 and 18 years old. She spends most of her time taking care of her business and also supporting her children in school. She has acquired 7 years' experience doing this business. She plans to invest the loan to purchase assorted underwear and ladies' wear to meet demand.

Felicia is also a farmer. She is optimistic about the future. She hopes to acquire a shop to expand her trade and support her children to attain university education.

Felicia is currently the leader of a trust bank group called 'Haggai', named after one of the members. It is made up of six members. The others in the group are mainly farmers and as the group leader, Felicia ensures repayment by members.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Ghana

  • $3,500
    Average annual income
  • 38
    View loans »
    Ghana Loans Fundraising
  • $11,603,250
    Funds lent in using Kiva
  • 1.4
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Haggai Trust Bank Group's $1,825 loan helped a member to purchase underwear and ladies' wear.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2010
Listed
Jun 18, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 8, 2011