Check out some available loans that are similar to this one!
Fofo Group
In this Group: Fofo, Christiana
This group consists of two members. Rebecca and Christiana sell fish and cosmetics at Teshie respectively.

Rebecca is a 42-year-old fish seller. The husband, Joseph, is 40 years old and a fisherman. They have two children.

She has been selling fish for the past 23 years. She works from Mondays to Saturdays. This is her fourth loan, and she needs GHC 800 to buy more fish and sell to her customers. She has been able, out of this business, to educate her children to the high school level with the help of her husband.

The group needs a total amount of GHC 1,500 to buy more goods to sell to their customers in the community.

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
  • 15
    View loans »
    Ghana Loans Fundraising
  • $11,208,075
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Fofo Group's $800 loan helped a member to buy fish and sell to customers.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2012
Listed
Jan 7, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013