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Gladys' Group
In this Group: Gladys, Joyce, Agnes
Agnes is a 38-year-old businesswoman. She lives in her own house with her husband and child. She is very dedicated to her work. She owns and operates a small printing and typesetting shop. She supports her family with the earnings she makes from her business. She wants to use the loan to purchase an additional photocopy machine to expand her business. She hopes to save more towards her child’s education and to build an additional house. She belongs to the community group called King Jesus Trust Group. The group members guarantee and support one another to repay their loans on time.

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
  • 13
    View loans »
    Ghana Loans Fundraising
  • $11,220,300
    Funds lent in using Kiva
  • 1.6
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Gladys' Group's $750 loan helped a member tO PURCHASE A PHOTOCOPY MACHINE.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2011
Listed
Dec 8, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012