Check out some available loans that are similar to this one!
Mavis' Group
In this Group: Mavis, Cecilia, Leticia, Comfort, Juliana, Vida
Mavis is 30 years old. She sells materials and shoes in Takoradi. She lives in a rented room with her husband and a child.

With the loan, Mavis wants to buy more materials to raise her inventory and sales for good income. She believes this loan will help her to save more money and also to expand her business and move into a store. She is a member of the group called “Spirituality”. Members of the group agree to guarantee for each other to repay the loan.

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
  • 19
    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 Mavis' Group's $2,200 loan helped a member to purchase more inventory.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 9, 2011
Listed
Dec 22, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012