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Most's Group
In this Group: Vida , Vida
This group consists of two members, Vida D. and Vida. One is a seamstress and the other a seller of undergarments, in their community. They have been together from 2011 to date and still doing very well. Vida, 50 years old, is the seamstress. She is married to Herbert, a 55-year-old contractor. She has three children. She has been with ID Ghana for the past two years and is doing very well. She has been in this business for three years. She works from Mondays to Saturdays. This is her third loan, and she needs GHS 1,000 to buy fabric to sew and sell to customers. She has been able, through her business, to provide her children with quality education. She is grateful to ID Ghana. The borrowers need a total of GHS 1,800 to buy more and to sell to their customers in the Dansoman 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

  • $2,643
    Average annual income
  • 6
    View loans »
    Ghana Loans Fundraising
  • $10,855,125
    Funds lent in using Kiva
  • 2.0
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Most's Group's $925 loan helped a member to buy fabric to sew and sell to customers.
99% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 9, 2013
Listed
May 26, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013