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Universal Group
In this Group: Bernice, Eva, Doris, Borkor
This is the "Universal" loan group and it consists of four women who are responsible mothers with six children, in total, in their care. They are originally from the coastal region of the country. They are characterized as hardworking and responsible, and have the will for personal achievement. They strive day after day to offer a better future to their children.

Members of the group sell plantains, diapers, fish and second-hand clothing. Bernice is the representative of the group and she has been selling second-hand clothing for eight years. She works at the main market from 8:00 a.m. to 4:30 p.m. The purpose of the loan is to invest in working capital and stock her business by buying grade one second-hand clothing to sell to customers. Bernice is standing on the right in the photograph, and she is married with two children.

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
  • 22
    View loans »
    Ghana Loans Fundraising
  • $11,565,250
    Funds lent in using Kiva
  • 2.5
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Universal Group's $1,425 loan helped a member to buy grade one second-hand clothing to sell to customers.
89% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Feb 6, 2014
Feb 16, 2014
Currency Exchange Loss:
Sep 17, 2014