Check out some available loans that are similar to this one!
Ruth's Group
In this Group: Ruth , Fadi , Rebecca , Akuokor, Comfort , Diana , Lydia, Otoa
This group consists of eight members namely Ruth, Lydia, Diana, Comfort, Akuokor, Rebecca, Otoa and Fadi. They all sell fish (fresh, fried and smoked) in the Dansoman community. They have been together as a group since February 2013.

Ruth is a 31-year-old fresh fish seller who is married to Alex, a 40-year-old fisherman. They have two children. She has been selling fish for the past 12 years. She hawks from Mondays to Sunday from her home to her customers. This is her first loan and she needs GHS 350 to buy more fish to sell to her customers.

The group needs a total amount of GHS 2,800 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
  • 23
    View loans »
    Ghana Loans Fundraising
  • $11,435,900
    Funds lent in using Kiva
  • 2.0
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Ruth's Group's $1,425 loan helped a member to buy more fresh fish to sell to customers.
99% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2013
Listed
May 24, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013