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Onua Do Group
In this Group: Jennifer , Vida , Martha , Agnes , Bernard , Patience , Olivia , Mercy , Akua , Comfort , Rebecca , Adjoa
Onua Do group is located on the outskirts of Teshie Township. The group members are basically involved in small scale retail sales of such products as yams, milk, wax prints, maize, plastic plates and bags. They have an average age of 30 years and average three children each.

Bernard is a 35-year-old married man and a father of three. His main business is to supply yams to foodstuff sellers in Accra. He buys the items from the northern part of the country where he comes from and supplies customers in Accra where he lives. He has all three children going to school. Bernard is sometimes supported by his wife, who has also been trading in vegetables since 2005. His main clients are foodstuff traders in Accra.

Bernard is determined to use his loan request amount of GHS 1,000 from Kiva partner ID-Ghana to change his life and benefit his family by investing it in his yam business. He is on his forth loan cycle with ID-Ghana and has repaid all previous loan without trouble.

The group needs a total amount of GHS 10,100 so that they can increase stock and serve customers better.

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
  • 44
    View loans »
    Ghana Loans Fundraising
  • $11,470,775
    Funds lent in using Kiva
  • 2.2
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Onua Do Group's $4,650 loan helped a member to buy and supply yams to foodstuff sellers in Accra.
95% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 3, 2013
Listed
Oct 16, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014