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Yehowa Adom Group
In this Group: Eunice, Mary, Mary, Lily
These ladies are part of the group called Yehowa Adom and are from Dansoman. It is composed of women who know each other from the neighborhood. They are women with the average age of 40 years old. They live in large traditional families in Dansoman-Accra, Ghana.

Eunice is the featured borrower. She is engaged in the buying and selling of soft drinks. She has been in this type of small-scale commerce for several years and is highly sought-after.

In order to meet the growing need of their customers, the group members decided to join the ID-Ghana's loan program. They are on their seventh group loan.

Eunice plans to use her loan to buy 10 cartons of Coca-Cola, Fanta, Sprite and Malta Guinness to sell to customers. She procures her goods from the wholesaler depot in Accra. She hopes to earn a good monthly profit, which will allow her to repay the loan and to reinvest in her business of selling soft drinks.

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
  • $11,220,300
    Funds lent in using Kiva
  • 2.7
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Yehowa Adom Group's $2,025 loan helped a member to buy 10 cartons of Coca-Cola, Fanta, Sprite, and Malta Guinness to sell to customers.
88% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2014
Listed
Apr 5, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014