Check out some available loans that are similar to this one!
Law Group
In this Group: Lawrencia, Rebecca
The group consists of two members namely, Lawrencia and Rebecca. They sell towels and second-hand clothes respectively. They have been together from January, 2013 to date.

Lawrencia is a 44-year-old towel seller. She has been with ID Ghana for the past two months and is doing very well with her business.

She has been doing this business for five years now. She hawks from Mondays through to Saturdays. She says thanks to ID Ghana for the help it's given to people like her. This is her first loan and she needs GHS 350 to buy more towels to sell to her customers.

Both need a total amount of GHS 700 to buy more goods to sell to their 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
  • 15
    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 Law Group's $375 loan helped a member to buy more bales of towels and sell to customers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2013
Listed
Feb 25, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013