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Isaac
Isaac N. is a 40-year-old married man with three children, all of whom are in school. He owns and operates a grocery shop in his neighborhood, where he sells items such as sugar, vegetable oil, bottled water, pastries, powdered milk, and biscuits.



He is now seeking a loan so that he can increase his store's inventory by purchasing more crates of assorted drinks, bags of sugar, cartons of vegetable oil, and boxes of biscuits. In turn, he hopes to increase his savings to support his children while they are in school.



Isaac belongs to the Trust group known as the God is Good Trust Group. In this group, members guarantee each other's loans as social collateral (i.e., if one member does not promptly repay his or her portion of the loan, then the other members are responsible for curing the arrears), and they provide support for one another to repay their respective loans.

About Ghana

  • $2,643
    Average annual income
  • 29
    View loans »
    Ghana Loans Fundraising
  • $11,122,525
    Funds lent in using Kiva
  • 1.2
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Isaac to increase his store's inventory by purchasing additional foodstuffs (e.g., assorted drinks, sugar, bottled mineral water, and biscuits).
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2008
Listed
Nov 23, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009