Emmanuel is a 29-year-old CD seller. This has been his work for the past seven years and he is doing very well. Because of his integrity and frankness, all his customers trust him. He has been with ID Ghana for the past five years and wants to stay with the organisation for all his life.
He has taken eight loans and has fully repaid all. On his 9th loan, he is requesting 800 GHS to help him meet the demand from his customers.
About ID GhanaID 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.
34View loans »
Success!! The loan was 100% repaid