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Lapaz Tb Group
In this Group: Esther, Georgina, Elizabeth, Gloria, Rose*, Cecilia, Solomon
* not pictured
Esther A. describes herself as hard-working, a woman for whom no challenge is too great. She is 30 years old and is the leader of the 'Lapaz' borrower group. Esther lives in Safwi and bakes bread. She has been baking bread for 7 years. Esther is excited to be taking out this loan, which she will use to purchase three bags of flour, one bag of sugar and two packs of margarine.

She wants to use the extra profits she anticipates as a result of this loan to buy a plot of land to start building accommodation for her family.

She is married to a commercial driver and together they have three children. Esther hopes to make more savings to be able to provide good education for all of her children, hopefully through University level.

Esther is currently the leader of the trust bank group called Lapaz, made up of seven members. The other members are engaged in businesses such as food selling, hair dressing, grocery sales, used clothes sales, etc. They are the major breadwinners of their respective families and are looking for this loan to support their business and eventually raise more income to support their families.

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
  • 14
    View loans »
    Ghana Loans Fundraising
  • $12,277,625
    Funds lent in using Kiva
  • 1.4
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Lapaz Tb Group's $1,925 loan helped a member to purchase baking ingredients.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Mar 10, 2010
Apr 13, 2010
Currency Exchange Loss:
Sep 2, 2010