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God Is Great Group
In this Group: Mabel, Gifty
Mabel, a businesswoman and a mother of two school-age kids, is in her 30s. She is married and supporting her family with the operation of drinking spot business, where she has been selling soft drinks. She has been managing her enterprise since 2009 and is able to make a good profit each month. Mabel starts business at 6 am and goes until after midnight.

She will share this loan with her loan group member called Gifty. The members of the group will hold each other accountable for paying back the loan.

She is requesting her eighth loan from Kiva partner's ID-Ghana, which she will use to buy more soft drinks for her bar. Mabel dreams that one day she will be able to make her business well known.

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
  • 39
    View loans »
    Ghana Loans Fundraising
  • $11,598,000
    Funds lent in using Kiva
  • 3.5
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of God Is Great Group's $825 loan helped a member to buy more soft drinks for her bar.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2014
Listed
Jul 29, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015