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Nyame Tease Group
In this Group: Diana, Gladys
These ladies are part of the group called Nyame Tease. The group is composed of two people who live in the same district. They meet once a week to repay loans, deposit savings and receive training.

Diana is the featured borrower. She is standing to the left in the photograph. She operates a boutique selling menswear and ladies' dresses and has over ten years of experience. She is 37 years old and single. Her day goes from 10:00 AM to 8:00 PM. She has been supporting herself and works hard to cover her expenses.

She is asking for a loan of GHS 5,800 to buy more inventory to better serve her clients. In the future, she would like to bolster her business and satisfy her customers with the help of the micro-finance institution.

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
  • 38
    View loans »
    Ghana Loans Fundraising
  • $11,588,250
    Funds lent in using Kiva
  • 2.8
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Nyame Tease Group's $2,100 loan helped a member to buy and sell menswear and ladies' dresses.
89% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2014
Listed
Apr 24, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014