Janet's S's group is located in Teshie Township. The group members are basically involved in the small-scale retail sale of vegetables (cabbage, carrot, lettuce, green pepper, onion), cassava, plantains, and braziers. They have an average age of 36 years and an average of two children. Janet S. is a 40-year-old married woman and a mother of three. Her main business is to supply vegetables (especially cabbage, carrots, lettuce, green peppers, and onions) to vegetable sellers in Accra. She buys the items from the central market and supplies them to customers in Accra. She has all three children going to school. She is standing in the middle of the photograph.
Janet is sometimes supported by her husband, who is a businessman. Her main clients are basically vegetable traders in Accra.
Janet is determined to use the loan request amount of 400 GHS from Kiva partner ID-Ghana to change her and her family's lives by investing it in her vegetable business. She is on the first loan cycle with ID-Ghana. The group need a total amount of 1,600 GHS so that they can increase stock and serve customers better.
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.