Check out some available loans that are similar to this one!
Nancy Group
In this Group: Nancy, Ramatu, Cynthia, Vida
This group consists of four members who reside in Dansoman. They are Nancy, Ramatu, Cynthia and Vida. They have been together since June 2008 and are still doing very well. They sell eggs, ladies' wear, ladies' footwear, and mixed items, respectively.

Nancy, the leader, is 32 years old and an egg seller. She has been doing this for the past five years. Through her dedication and seriousness in her business, she has been able to build up trust with ID Ghana.

Now on her fourth loan, she is requesting to borrow the amount of GHS 3,000. The loan will help her boost the business and satisfy her customers in and around the community.

The entire group, together, needs GHS 5,900. They each will use their share to buy more goods, to resell to their respective 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
  • 37
    View loans »
    Ghana Loans Fundraising
  • $11,603,250
    Funds lent in using Kiva
  • 2.0
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Nancy Group's $3,000 loan helped a member to buy more eggs to resell to her customers.
99% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2013
Listed
May 16, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013