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Number 15 Group
In this Group: Mary, Paulina, Rebeccah, Josephine, Rebecca, Emilia, Christiana, Diana
This group is called ‘Number 15’ and it is made up of eight women. One of them is Christiana, who was born at Teshie and is thirty-nine years old. She is married to a 45-year-old mechanic, and they have three children. Christiana has completed secondary school, after which she decided to go into trading. She wants to work in order to help her husband with the household expenses.

Christiana sells chickens and rice from door to door. She has been doing this for 19 years, and it is going well. Her earnings have grown, so she has been able to buy more chicken and rice to meet her customers' demand.

This is Christiana's 3rd loan cycle, and she needs 300 Ghana cedis (GHC) to buy more rice and chicken meats. The other members of the group include Josephine, who would like to buy milo, milk and sugar, Emelia who sells fish and Rebecca who sells cooking utensils. The group also includes Mary, who sells charcoal, Diana selling yams, Rebecca selling fish and Paulina selling plates. They need a total amount of GHC 3,250 to buy enough commodities for their customers.

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
  • 29
    View loans »
    Ghana Loans Fundraising
  • $11,122,525
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Number 15 Group's $1,750 loan helped a member to buy chickens and rice to sell to customers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2012
Listed
Nov 10, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 19, 2013