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Daakyi Nti Group
In this Group: Kwadwo, Adwoa, Akua, Agartha, Beatrice
Kwadwo is fifty-five years old. He is married and has eight children, all of whom are in school. He works hard to provide for his family. Kwadwo is the leader of a trust bank group called "Daakyi Nti," which means "for the future." In the photograph, the group leader, Kwadwo, is standing.

The members of the group are engaged in commercial activities such as food vending, clothes selling, etc. Some of them hawk (go door-to-door) to sell their products while others trek to nearby communities to sell on their market days. They buy the goods in Kumasi and nearby towns. The experience that some of these traders have amassed over the years has given them the urge to expand their businesses. Thus, they need a loan to buy goods in bulk to realize this dream.

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
  • 29
    View loans »
    Ghana Loans Fundraising
  • $12,522,425
    Funds lent in using Kiva
  • 1.5
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Daakyi Nti Group's $1,725 loan helped a member to buy products to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Sep 1, 2009
Sep 11, 2009
Currency Exchange Loss:
May 18, 2010