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Marvis Group
In this Group: Marvis, Gladys , Evelyn , Comfort
This group was created in 2010. It is made up of people who live in the same neighborhood and who work in commerce ( materials, plantain chips, fruit, yam and silver products).

The person on the far left of the photo (the only man in the photo), is Marvis, the leader of the group. He is 54 and married with two children.

His activity is tailoring and the sale of shirts and trousers. He has much experience in this business as he has been doing it since he was young.

With the loan, he plans to buy GHS 1300 worth of materials to sew shirts and trousers to sell.

His aim is to pay the school fees for his children and increase his savings.

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
  • 25
    View loans »
    Ghana Loans Fundraising
  • $11,131,775
    Funds lent in using Kiva
  • 2.1
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Marvis Group's $1,425 loan helped a member to buy GHS 1300 worth of materials to sew shirt and trousers to sell.
96% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 7, 2013
Listed
Aug 26, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014