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Agnes Group
In this Group: Agnes, Emelia, Comfort, Beatrice, Diana, Gladys, Mabel
Trading is a very good and lucrative business in Ghana so many people like to trade, including salaried workers. Agnes’s group is no exception, as these seven women sell fish, foodstuffs, firewood and palm oil. The group has been together for four years, with more women wanting to join.

Agnes, the group leader, is a 42-year-old married woman with two children. She sells fish, her husband is a mason and her two children attend school. Agnes has been running her business for 10 years and her customers patronize it very well. She is requesting a loan of 500 GHS to buy enough fish to sell to her customers.

The group needs a total of 4,400 GHS to buy more items to sell to 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

  • $3,500
    Average annual income
  • 28
    View loans »
    Ghana Loans Fundraising
  • $11,565,250
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Agnes Group's $2,325 loan helped a member to buy more fish to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2013
Listed
Feb 6, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013