Check out some available loans that are similar to this one!
Gyedie Trust Bank Group
In this Group: Jacob, Kwame, Joyce, Regina, Cecilia
Jacob is currently the group leader of the “Gyedie” Trust bank Group, made up of 5 members. Jacob is clearly a hard worker. He sells agro chemical materials like weed killers, pesticide and seedlings. He sells to local farmers. He plans to use the loan to purchase additional agro chemicals to serve the local farmers. Jacob has sold agro chemicals for the past six years. He is also a hardworking farmer.

Jacob is married to a woman who is a service provider and together they have two children. He lives with his family in Berekum, in the northern part of Ghana. Above all, he hopes to create more savings to support his children in school. 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

  • $3,500
    Average annual income
  • 39
    View loans »
    Ghana Loans Fundraising
  • $11,460,400
    Funds lent in using Kiva
  • 1.5
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Gyedie Trust Bank Group's $1,475 loan helped a member to purchase agro chemical materials in bulk.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2011
Listed
Jun 24, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 23, 2011