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Mother Group
In this Group: Dei, Lydia
Mother Group is made up of two women called Lydia and Dei. Their ages are 46 and 50 years respectively and they live in the southern part of Teshie. They sell vegetables and fish.

Lydia has been a vegetable seller for 8 years. She is married to a 50-year-old fisherman and they have one child. She sells vegetables by hawking to customers in Teshie. She now has a small kiosk, which will be used for selling vegetables and fish. She was given 500 Ghana cedis in her 2nd loan cycle and now she needs 900 Ghana cedis to buy more tomatoes, pepper, okra, onion, cabbage, carrot and fish. She reinvested her last profit into her business. She hopes to be a vegetable distributor two years from now.

They need a total amount of 900 Ghana cedis to be able to improve their business.

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
  • 14
    View loans »
    Ghana Loans Fundraising
  • $10,998,925
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mother Group's $500 loan helped a member to buy more tomatoes, pepper, okra, onion, cabbage, carrot and fish.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 7, 2012
Listed
Sep 22, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 19, 2013