Check out some available loans that are similar to this one!
Paulina Group
In this Group: Paulina, Comfort
This group consists of two partners residing at Teshie. They are Paulina and Comfort. They have been together for the past one year and are still doing very well. Comfort and Paulina sell vegetables and frozen foods respectively.

Comfort, the leader, is 47 years old married woman. She is married to Charles, a 48-years-old driver and they have a child who is in school. She has been doing this work for the past 12 years in the Teshie market. She was given GHS 250 as her first loan which she had been able to repay accordingly. Comfort needs a loan amount of GHS 650 and Paulina 250 GHS to expand their businesses.

The two members together need GHS 900 to buy more goods and sell to their respective 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
  • 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 Paulina Group's $475 loan helped a member to buy more vegetables to sell to her customers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2012
Listed
Jan 7, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013