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Bisa Nyame Group
In this Group: Florence, Joana, Comfort, Matilda, Abena
Florence is 32 years old; she is married and the mother of three children. She has two boys and one girl, with two of them in school. She is a trader and sells cereals like Tom Brown in bulk. She takes delivery of stock from Kumasi and supplies at retail prices. She has been in business for the last nine years now. With her rich experience, she believes that she can use this loan to buy more bags of Tom Brown to upgrade her stock and make adequate profit. It is her dream to save more to take care of her children's educational needs.

Florence is the leader of a trust bank group called ‘Bisa Nyame’ which means ‘Ask God’. She is the one sitting in the middle, in the group photograph. Most of the 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 the loan, and there is 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
  • 13
    View loans »
    Ghana Loans Fundraising
  • $12,270,275
    Funds lent in using Kiva
  • 1.5
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Bisa Nyame Group's $2,000 loan helped a member to buy cereals like Tom Brown.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Jul 16, 2009
Aug 1, 2009
Currency Exchange Loss:
May 25, 2010