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Afriyie Trust Bank Group
In this Group: George, Mary, Esther
George is currently the group leader of "Afriyie" Trust bank Group which is made up of 3 members. George is clearly a hard worker. He drills mortar and sells to households in the local market together with pestles. Mortar and pestle are local tools for the preparation of “fufu”, a very popular dish in Ghana happily enjoyed by many people.

George carves mortar from a piece of thick stemmed wood. He plans to use the loan to purchase additional wood drilling machines to enable him carve more mortar and improve his income. George possesses about 25 year’s of hands on experience mortar carving and pestle making. He is also a hard working farmer.

George is married to a woman who is a farmer and together they have two children. He lives with his family in Berekum, northern part of Ghana. Above all, he hopes to increase his savings to acquire his own accommodation. As the leader of the group, he ensures that all members attend meetings and submit their repayments.

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
  • 17
    View loans »
    Ghana Loans Fundraising
  • $11,220,300
    Funds lent in using Kiva
  • 1.5
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Afriyie Trust Bank Group's $1,125 loan helped a member to purchase a mortar drilling machine.
96% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 24, 2011
Listed
Jun 17, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 19, 2014