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Akyeah Group
In this Group: Mabel, Patricia
Mabel and Patricia are partners in a group loan who live in Dansoman. They have been together since 2010 and are doing very well.


Mabel, the leader, is 53 years old and a single mother of five. For the past five years she has sold car batteries (Patricia sells various provisions). Through her dedication and seriousness she has been able to create trust with ID Ghana.


Mabel is applying for a seventh group loan, this time for 4,200 GHS which Patricia and she will share. Mabel will use her 3,000 GHS portion to buy more stock so she can her boost her business and satisfy her customers in and around 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
  • 26
    View loans »
    Ghana Loans Fundraising
  • $11,565,250
    Funds lent in using Kiva
  • 2.0
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Akyeah Group's $2,125 loan helped a member to buy more stock to sell to their respective customers.
99% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2013
Listed
May 16, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014