Check out some available loans that are similar to this one!
Tesaa Group
In this Group: Bernard , Borkor , Mercy , Patience, Borley, Elizabeth , Patience , Regina, Emelia , Duamro, Rebecca
The Tesaa group is starting their first loan cycle with ID Ghana and Kiva. The group is made up of eleven members, and it is represented by Bernard. Members engage in varied business activities which include sale of products like silver utensils, sugar cane, pedicure products, second-hand clothing, firewood, gold enamel and underwear.

The loan they are requesting for will benefit small business owners like Bernard. He joined Tesaa this year at the invitation of a friend who is a member of the institution. Currently, he has a business manufacturing and sells gold enamel goods like necklaces and rings. He says he started this business on advice from his parents. He travels to Obuasi, a gold mining town, to buy gold for manufacturing.

Bernard is requesting this loan to increase his merchandise and purchase more gold to produce more goods. This type of work allows him to generate income to support his family, since he is married with two children.

When asked what he likes about ID Ghana, he responded that he likes working with the group and the savings with the organization. The need of the group totals GHS 4,150 as a loan to increase their respective stock.

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
  • 35
    View loans »
    Ghana Loans Fundraising
  • $11,958,450
    Funds lent in using Kiva
  • 2.1
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Tesaa Group's $2,000 loan helped a member to buy a lot of gold to manufacture and sell enamel like necklace, rings etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jul 25, 2013
Aug 16, 2013
Currency Exchange Loss:
Jan 17, 2014