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Mary's Group
In this Group: Mary, Mary
Mary's Group is made up of two partners, namely Mary and Mary, who reside in Mpoase in Dansoman. They have been as a group for 3 years now and are doing very well. Both sell bags and provisions.

Mary is a 38-year-old bag seller. This has been her work for the past 6 years and she is doing very well. Because of her integrity and frankness, all her customers have her at heart. She has been with ID Ghana for the past 3 years and still loves to be part of us.

She has taken 5 loans and has fully repaid them all. On her sixth loan, Mary is requesting GHS 1,500 to help her meet her customers' demands.

The group needs an amount of GHS 2,300 to buy more goods to sell to their respective customers in and around Dansoman.

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
  • 7
    View loans »
    Ghana Loans Fundraising
  • $10,838,400
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mary's Group's $1,225 loan helped a member to buy more bags to sell to customers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Feb 18, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013