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Ebeyeyie Group
In this Group: Michael, Mary, Doris, Comfort, Comfort
Michael is thirty-six years old and married with four children (all boys), all of whom are currently in school. He is a hard-working young man who provides for his family. Michael started his business six years ago, selling soft drinks of all kinds. Through his work he is well known by many who have purchased from his rented shop. Usually he gets his inventory from companies like Coca-Cola, Pepsi, and the like. He wants a loan to buy a larger assortment of soft drinks to upgrade his inventory.

Because of his commitment and availability Michael was chosen as the group leader of a trust bank group called ‘Ebeyeyie’ which literally means "it shall be well". He is the one in the middle in the group photograph. The other members of this group are petty traders, food vendors and/or farmers. In this group, members guarantee for one another as social collateral to access loans and thus experience peer pressure to repay the loan.

Additional Information

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
  • 26
    View loans »
    Ghana Loans Fundraising
  • $12,634,025
    Funds lent in using Kiva
  • 1.5
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Ebeyeyie Group's $1,875 loan helped a member to buy bulk supply of soft drinks.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Jul 16, 2009
Jul 24, 2009
Currency Exchange Loss:
May 30, 2010