Love Jesus Trust Bank Group
For the past 4 years, she has made and sold “kenkey.” “Kenkey,” a traditional Ghanaian food, is a maize-based starchy ball that is usually eaten with pepper and fried fish. Diana will use the loan to buy 2 bags of maize, 2 cartons of fish, and vegetables. Diana would like to expand her business by providing her “kenkey” to more people in her town as well as neighboring towns.
Diana is currently the leader of the trust bank group called 'Love Jesus'. There are 6 members in this group. The other group members operate various food processing and trading businesses. They hope to receive the loan to enable them to grow their business and be able to provide more support to their families.
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.
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Success!! The loan was 100% repaid