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Elizabeth

Elizabeth A. is 31 years old. She is married and has two children. For the past eight years, she has owned and operated a beauty salon. Elizabeth is a very skillful and talented hair dresser who adds beauty and value to the hair of her many customers and that is her secret. She believes in efficient and effective service; therefore, she wants to use the loan to buy larger quantities of hair products like weavons, pomades, shampoos, activators and other products to avoid shortages and poor service. She is a member of the community group called “Megyefo Tease” (My Redeemer Lives) Trust Group. In this group, members vouch for one another as social collateral to access loans and to provide peer pressure, as support and encouragement, to repay loans.

About Ghana

  • $3,500
    Average annual income
  • 30
    View loans »
    Ghana Loans Fundraising
  • $11,458,400
    Funds lent in using Kiva
  • 1.1
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Elizabeth to buy larger quantities of hair products such as weavons, pomades, shampoos, activators etc.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 5, 2008
Listed
Jun 18, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009