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Oblogo Group
In this Group: Doris, Grace, Victoria, Agnes, Georgina, Vida, Regina, Constance, Beatrice, Martha, Margaret, Mercy
The group Ogblogo is made up of 12 female members. They have been together as a group for three years, and this is their second loan with ID-Ghana. They sell the following commodities; provisions, corn, cassava, sandals, rice, beans, cooking oil, plantain, fish, charcoal, vegetables and detergents. They meet every Friday to discuss business and loan repayments.



Doris, a 48-year-old businesswoman and single mother of an 18-year-old, needs a new loan of GHC 600 in order to buy more items such as provisions, soap and sandals. She is very glad to be helped by Kiva, and her future plans are to increase her operating capital and start building her own house.

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

  • $2,643
    Average annual income
  • 7
    View loans »
    Ghana Loans Fundraising
  • $10,839,425
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Oblogo Group's $2,600 loan helped a member to buy more items such as provisions, soap, and sandals to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2012
Listed
Sep 6, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013