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Mabel's Group
In this Group: Mabel, Alley, Diana
Diana is 42 years old and married. She has a third grade education and two children who are in school. She buys glasses and plates from the market and sell them to customers. She started this business with a little capital and so far has seven years' experience. She has the support of her husband, who is a driver.

Diana has organized these women to ask for a loan. She needs to buy two boxes of plates and glasses each to sell to customers. In the future, she wants her business to prosper and hopes to own a supply joint. The other members of the group work in provisions and cosmetics. They need a total amount of 2,150 cedis to expand their businesses.

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
  • 43
    View loans »
    Ghana Loans Fundraising
  • $11,095,550
    Funds lent in using Kiva
  • 2.0
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Mabel's Group's $1,100 loan helped a member to buy two boxes of plates and glasses each to sell to customers.
99% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 2, 2013
Listed
Jun 2, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013