Check out some available loans that are similar to this one!
Rebecca's Group
In this Group: Rosemond, Rebecca, Janet, Henrieta, Elizabeth, Juliana, Mabel
Rebecca, 35, is married with two adorable children who are of school-going age. She sells foodstuffs like cooking oil, maize (corn) and ‘Gari’ (food product from cassava). She began this business by learning it from her mother and now she has six years of experience. She also has the support of her husband, who is a driver. She joined this group and she has decided to request a loan of GHC 700 to be used for the purchase of maize, gari and cooking oil. In this way, she can increase her working capital.

The other members are Rosemond, Janet, Henrieta, Elizabeth, Juliana and Mabel who make earn living through sales. They are in second-hand clothing, cosmetics, clothing materials, provisions, fish and soft drinks selling.

In the future Rebecca hopes to have enough capital to be able to supply to her numerous customers. That is her ambition.

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
  • 19
    View loans »
    Ghana Loans Fundraising
  • $11,207,575
    Funds lent in using Kiva
  • 2.0
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Rebecca's Group's $1,775 loan helped a member to buy foodstuffs like cooking oil, maize (corn) and ‘Gari’ (food product from cassava).
98% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2013
Listed
Jun 14, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014