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Strong Faith Trust Bank Group
In this Group: Kelly, Daniel, Issifu, Solomon, Comfort
Issifu is currently the group leader of Strong Faith Trust Bank Group made up of 5 members. He describes himself as a faithful person. He is 30 years old and sells bales of used shoes to customers in his community. He is also a teacher. Issifu has been operating his trade for 1 year and he is eager to be taking out this loan. He plans to invest the loan to purchase bales of assorted used shoes and slippers. Used shoes are most patronized since brand new ones are expensive for the majority of low income people.

Issifu is single and the father of three children aged 3-9. He hopes to generate enough profit to be able to improve his children's education.

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
  • 36
    View loans »
    Ghana Loans Fundraising
  • $11,973,075
    Funds lent in using Kiva
  • 1.4
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Strong Faith Trust Bank Group's $1,075 loan helped a member to purchase used shoes and slippers in bulk.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jun 23, 2010
Jul 11, 2010
Currency Exchange Loss:
Jan 8, 2011