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Theresa's Group
In this Group: Theresa, Christiana, Selina, Helen
Theresa is a very hard working and responsible young woman. She lives in the coastal part of Ghana -- Teshie, Accra -- with her three children and her husband. She has been in the business of selling African fabric (wax-print) for several years. She is visited by and well known to the residents of the neighborhood. Most of the people in the neighborhood are her customers. She also supplies customers in Tema, a nearby city.

Theresa needs the loan amount of 1000 GHS to buy more African wax-print, which is highly sought after by both local and foreign people. With the loan, she hopes that her sales will increase so that she will make a good profit and be able to improve her family's quality of life with the increase in income.

Theresa, like the other members of the group, hopes to make her business grow in the short term and this way keep supporting her family, and for her children to stay in school so they can have better opportunities in life.

She is standing second from the right with wax-prints in her hands. Other members of the group are Selina, who has been selling wax-print for three years; Christiana, who has been selling footwear for five years; and Helen, who has been selling provisions for six years.

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
  • 42
    View loans »
    Ghana Loans Fundraising
  • $11,732,750
    Funds lent in using Kiva
  • 2.1
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Theresa's Group's $1,700 loan helped a member to buy more African wax-print fabric to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Aug 22, 2013
Aug 31, 2013
Currency Exchange Loss:
Sep 17, 2014