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Christians Trust Bank Group
In this Group: Florence, Akosua, Janet, Salamatu, Victoria, Mariama, Akosua, Janet, Agnes
Victoria describes herself as a hard-working woman. She is 56 years old and she is the leader of the 'Christians' borrower group. Victoria is a petty trader who has been selling fresh yams for the past 8 years. She also engages in farming as her second business to make extra income. She is excited to be taking out this loan, which she will use to purchase 100 yams. She dreams of being able to expand her market.

Victoria is married to a farmer but does not have any children. She hopes to mobilize more savings to buy a container shop to sell her yams out of.

The other members of Victoria’s group are mostly farmers and as the leader she ensures regular meeting attendance and repayment of loan installments.

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

  • $2,643
    Average annual income
  • 8
    View loans »
    Ghana Loans Fundraising
  • $10,839,425
    Funds lent in using Kiva
  • 1.4
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Christians Trust Bank Group's $1,550 loan helped a member to purchase 100 fresh yams.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2010
Listed
Jun 18, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 12, 2010