Check out some available loans that are similar to this one!
Sakua's Group
In this Group: Sakua , Sampson
This group consists of two persons from the same neighborhood. The representative of this group, Sakua, is 34 years old.

Sakua Sophie has had very little schooling. She is married and has three children. All of her chidlren attend school and are dependents of their parents. Sakua lives with her children and husband. Various family expenses are borne by the couple.

To make ends meet, Sakua has been selling wigs and weavon for six years. She buys them from the market in Ghana. In order to strengthen her business, Sakua joins the other member of her group in requesting a sixth loan from ID Ghana.

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
  • 9
    View loans »
    Ghana Loans Fundraising
  • $10,839,425
    Funds lent in using Kiva
  • 2.2
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Sakua's Group's $800 loan helped a member to buys wigs and weavon from the market in Ghana.
95% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2013
Listed
Oct 29, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014