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Rebecca's Group
In this Group: Rebecca, Paulina
This group is made up of two members. Rebecca is one of them. She is 42-years-old, married and has three children. She has been selling bananas, maize and groundnuts for 20 years. She has been with the institution for five years and needs this loan to buy more bananas, maize and groundnuts to sell to customers.

Paulina is 40-years-old and she sells bananas, maize and groundnuts.

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
  • 16
    View loans »
    Ghana Loans Fundraising
  • $11,000,625
    Funds lent in using Kiva
  • 2.3
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Rebecca's Group's $525 loan helped a member to buy more bananas, maize and groundnuts to sell to customers.
93% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 4, 2013
Listed
Jan 3, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014