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Queen Group
In this Group: Esther, Grace
This is a group of two women whose ages are 47 and 57 years. Their economic activities include the sale of provisions, soft drinks, cooked food (rice and stew, yam and stew), and also local dishes like banku (cooked maize paste) and soup fufu (cooked and pounded cassava and plantain).

Grace, the leader of this group, is 49 and married to Williams, a 50-year-old security guard. They have two children, 23 and 13. She operates a restaurant where she sells cooked yam, plantain, rice, fish, and meat of all kinds. She sells from Monday to Sunday and from morning to evening. She supports her husband in taking care of their home.

This is her fourth loan and she needs an amount of 1,200 GHS to enable her to buy more items to sell.

As a group, they need a total amount of 2,200 GHS to meet their customers' demands.

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
  • 6
    View loans »
    Ghana Loans Fundraising
  • $10,860,250
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Queen Group's $1,175 loan helped a member to buy yam, rice, fish, meat, maize paste, cassava and plantain to cook food and sell to customers.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2012
Listed
Oct 10, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013