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Jehovah Shamah 2 Group
In this Group: Boye, Diana, Comfort, Joseph, Regina, Atsele, Rose
Meet the members of the Jehovah Shamah 2 group, who are from Chorkor-Accra, a city in Ghana. They are all local entrepreneurs who sell provisions, fried yams and fish.

This marks their fourth loan from ID-Ghana, a partner of Kiva; they are requesting GHS 9,500 in total. With the help of this loan, they will be able to expand their respective businesses, make more sales, and consequently improve their living conditions.

Regina is the featured leader of this group. The 63-year-old married businesswoman has two children who depend on the family. In business for 34 years, she sells fish. With her share of this loan, Regina will buy more wholesale fish from fisherman to sell to her customers.

The group members will hold each other responsible for the repayment of the loan.

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
  • 19
    View loans »
    Ghana Loans Fundraising
  • $11,141,550
    Funds lent in using Kiva
  • 3.0
    Ghana Cedis (GHS) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A portion of Jehovah Shamah 2 Group's $3,150 loan helped a member to buy wholesale fish from fisherman to sell to her customers.
95% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2014
Listed
Jun 29, 2014
Currency Exchange Loss:
Possible