Check out some available loans that are similar to this one!
Ade Pa Trust Bank Group
In this Group: Mary , Veronica, Victoria, Diana, Patrcia, Janet , Victoria
Mary sells batik and clothes in Berekum. She is 36 years-old and married with three children. Mary has been running this business for eight years now but does not have adequate working capital to support her business. Most of the time, she buys supplies on credit and makes payment after sales. She wants to use the loan to purchase additional stock and also expand by acquiring a shop. She hopes to use part of her earnings to finance her children’s education.

She belongs to the community group called “Ade Pa Trust Group”. In this group, members assist one another to provide support in handling the repayment.

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
  • 18
    View loans »
    Ghana Loans Fundraising
  • $11,207,575
    Funds lent in using Kiva
  • 1.6
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Ade Pa Trust Bank Group's $1,875 loan helped a member to purchase more clothes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2011
Listed
Oct 9, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2012