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Esi Group
In this Group: Esi, Munnet
This group consists of two members namely Esi and Munnet. They sell food stuffs and shoes at Last Stop in the Dansoman community. They have been a group since 2012.

Esi is 33 years old and sells food stuffs (cassava, plantain, vegetables). She is married to Yussif, a 34-year-old trader. They have two children. She has been selling for the past seven years. She works from Monday to Sunday from her home, selling to her customers. This is her second loan; she needs 700 GHS to buy food stuffs to sell to her customers.

The group needs a total amount of 1,400 GHS 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

  • $3,500
    Average annual income
  • 22
    View loans »
    Ghana Loans Fundraising
  • $11,565,250
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Esi Group's $725 loan helped a member to buy more cassava, plantains, and vegetables to sell.
99% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2013
Listed
Mar 22, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013