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God Is Able Group
In this Group: Elizabeth, Stella, Esther, Adjookor
Elizabeth (pictured far right) is a member of the God Is Able group, based in the Teshie neighborhood of Accra, Ghana. Elizabeth sells wigs, weaves, shampoo and conditioner from her house.

This is Elizabeth's second loan with ID Ghana. Her first loan was for just wigs and weaves. After successfully paying back that loan, she will take out this second loan for 300 GHS to expand her business to include shampoo and conditioner.

Additional Information

About ID Ghana

ID Ghana is a microfinance NGO that provides financial and social services to underserved urban communities in Accra. ID Ghana’s socially-oriented business model provides clients with a number of social services, including financial literacy training, group discussions led by peer educators on health and nutrition education, child schooling, basic medical services, and counseling and legal services for women victims of violence.

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
  • 46
    View loans »
    Ghana Loans Fundraising
  • $11,465,375
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of God Is Able Group's $725 loan helped a member to purchase shampoo and conditioner to expand her cosmetics selling business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 8, 2012
Listed
Jun 29, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012