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Bridget's Group
In this Group: Bridget, Joyce, Esther, Felix
Bridget's Group consists of four partners residing in Teshie. They are Bridget, Joyce, Esther and Felix. They have been together for one year and are still doing very well. They sell fish, second-hand clothing, and charcoal.

Felix, the leader, is a 33-year-old, second-hand clothing seller. He is single and has been doing this work for the past three years. Through his dedication and seriousness in his business, he has been able to build up trust with ID Ghana.

For this loan, he is requesting an amount of GHS 400 to help him boost the business and to satisfy his customers, in and around the community.

The four members, together, need GHS 1,450 to buy more goods to sell.

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 Bridget's Group's $750 loan helped a member to buy one bale of jeans skirts to sell to women.
99% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 9, 2013
Listed
May 29, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013