Check out some available loans that are similar to this one!
Akwadu Group
In this Group: Mary, Rebecca, Lydia, Regina, Gladys, Comfort, Grace
Rebecca (standing extreme left) is the representative of her group "Akwadu". She is married and has two children. She lives in the city of Accra with good business potential. Rebecca is 37 years old and has been running her business for the last 15 years.

She would like to use this loan to invest in purchasing maize (corn) and vegetables. She hopes that this loan will help her to expand her business. She is requesting a loan amount of GHS 800 to expand her business.

Other members of "Akwadu group" are Regina, Grace, Lydia, Comfort, Gladys and Mary, and have need of a loan for businesses like selling fish, cooking oil, cooking utensils and wax-print. The eighth person in that photograph is the leader who came to organize for the photograph.

This is their 5th loan with ID-Ghana and 2nd loan cycle with Kiva. They need a total amount of GHS 6,100 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

  • $3,500
    Average annual income
  • 22
    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 Akwadu Group's $3,025 loan helped a member to purchase maize (corn) and vegetables for resale.
96% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 27, 2013
Listed
Jul 9, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014