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Yesu Tsui Krong Group
In this Group: Cynthia, Leticia, Grace, Charlotte, Gladys
The Yesu Tsui Krong (Christ pure heart) Group is made up of five women who all live in the same neighborhood in Ghana. They are into selling cutlery sets, sugar cane, fridges, eggs and general goods.

Leticia is the group representative. She is 66 years old and married to Samuel. Together, they have three children who are all grown up. Leticia and Samuel live together, and both provide for the expenses of their household. Leticia left school at the secondary level and has been selling sugar cane for 18 years now. She is very successful with her business which allows her to provide for her family's needs. She buys sugar cane from the farmers and sells to customers.

She would like to be able to respond better to the demands of her customers, so she has requested this sixth loan, with the other members of Yesu Tsui Krong, from the field partner. This loan will enable them to fulfill their customers' needs and make more profit. The previous loans were fully and correctly repaid.

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

  • $3,500
    Average annual income
  • 46
    View loans »
    Ghana Loans Fundraising
  • $11,460,400
    Funds lent in using Kiva
  • 3.4
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Yesu Tsui Krong Group's $1,100 loan helped a member to buy sugar cane from the farmers and sell to customers.
99% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 4, 2014
Listed
Jul 19, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2015