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Yesu Tease Group
In this Group: Faustina, Vivian, Cathrine, Joyce, Lydia, Berlinda, Josephine
The group Yesu Tease is composed of seven women, who average 34 years of age and four children each. They all live in traditional families in Dansoman-Accra. The women know one another through ties of kinship, community, and friendship. They do commerce in second hand clothing, cold store, food stuff, slippers, jewelry and ladies tops.

The women of the group Yesu Tease are on their first loan. To meet the enormous demand from their customers, they turn to the micro finance institution ID-Ghana. These funds will be used to purchase their merchandise as cited above.

This client, Vivian, is the second person sanding at the left. She is currently selling slippers. She intends to purchase slippers from the market and sell them to customers. Sales are made retail to a mixed customer base in Accra. She plans on making good profit from this loan that will be used to cover the family's day-to-day expenses and she plans to save part.

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.

Tags

About Ghana

  • $2,643
    Average annual income
  • 20
    View loans »
    Ghana Loans Fundraising
  • $11,215,975
    Funds lent in using Kiva
  • 2.6
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Yesu Tease Group's $1,425 loan helped a member to purchase slippers from the market to sell to customers.
87% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 5, 2014
Listed
Mar 16, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014