The featured borrower is Mary, who is standing on the right in the photo. She is involved in the sale of pineapples, watermelons, pawpaw and bananas. She is requesting GHS 900 to buy more pineapples, watermelons, pawpaw and bananas. She supports her husband in the management of daily expenses and the school fees of her children. She starts her day at 7 a.m. and finishes at 5 p.m. at night. In the future, she hopes to expand her business and improve the nutritional condition of her family. The group needs a total amount of GHS 3200 to improve their businesses.
About ID GhanaID 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.
Loan tags help lenders find loans that match certain areas of interest. You can add up to 5 tags for this loan.
6View loans »