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Rebecca's Group
In this Group: Mercy , Rebecca
Rebecca is the featured borrower of this group. She is standing on the left. Rebecca is a 39-year-old mother of one child. She has been operating a hair dressing salon for the past seven years.

Rebecca will use her portion of the loan to purchase wigs that she will use on her customers who come to her salon. She also sells cosmetics and will use her loan to update her stock. In the future, Rebecca hopes to operate the biggest beauty salon in her area. Her friend sells fish.

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
  • 15
    View loans »
    Ghana Loans Fundraising
  • $11,208,075
    Funds lent in using Kiva
  • 2.1
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Rebecca's Group's $675 loan helped a member to purchase wigs that she will use on her customers who come to her salon.
98% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 15, 2013
Listed
Aug 29, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014