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Berlinda's Group
In this Group: Berlinda, Akosu
This group consists of two members, Akosua and Belinda. They sell ‘wele’ and second hand clothes in the community respectively.

Akosua is a 39-year-old ‘wele’ (meat) seller who is married to Barffour, a 40-year-old trader. She has been with ID Ghana for the past year and she is doing very well. She has been in this business activity for three years now. She sells from Mondays to Saturdays.

This is her second loan and she needs an amount of GHS 500 to buy more ‘wele’ to sell to her customers. She is grateful to ID Ghana.

Akosua and Belinda need a total amount of GHS 1,200 to buy more to sell to their customers in the Dansoman 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
  • 20
    View loans »
    Ghana Loans Fundraising
  • $11,220,300
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Berlinda's Group's $650 loan helped a member to buy more 'wele' (meat) to sell to customers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Feb 19, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013