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Ngaayise Group
In this Group: Rose, Fuastina, Felicia
Ngaayise is a group made up of 3 women who sell sandals, vegetables and provisions. Two are married with children while one is single and has no child. Their ages range between 25 and 40 years. They have been together as a group for 3 years but started taking loans from ID-Ghana in 2011. They are in their third loan cycle. They meet on Friday to discuss business and the repayment of the loan.

Fuastina is 35 years old and sells provisions. She is married to a 38 year-old carpenter and they have three children who are all in school. She took 250 Ghana cedis in her second loan cycle, which was used to expand the business by buying more sugar, rice, biscuits, milk, milo, etc. She now needs 350 Ghana cedis to also buy a lot of rice, sugar, milk, and milo so that she can meet customers' demand. She completed payment of the previous loan on 20/7/2012 and the profit made was reinvested into the business.

The group needs a total amount of 1050 Ghana cedis.

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
  • 35
    View loans »
    Ghana Loans Fundraising
  • $11,960,850
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Ngaayise Group's $575 loan helped a member to buy more sugar, rice, biscuits, milk, milo, etc., to sell to customers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Sep 7, 2012
Sep 21, 2012
Currency Exchange Loss:
Apr 19, 2013