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Paragogous Group
In this Group: Nora, Baba, Comfort, Lucy, Dora, Gladys, Vida, Grace
Paragogous is a group of seven females and one male with ages between 48 and 55 years and an average of four children who live in Teshie. They are between their first and fourth loans with ID-Ghana.

These group members sell soft drinks, car spare parts, maize, plantains, yams, frozen food, cloth and fish.

Nora, the fat lady at the centre of the front row in the picture, is using her loan to buy four crates of Malta Guinness, four crates of Sprite and three crates of Coca-Cola. She buys her drinks from the depot and sells them at the central market in Accra. She expects to earn 80 GHS monthly, which she will use to support family expenses and for reinvestment.

The group needs a total of 4,750 GHS.

Additional Information

About ID Ghana

ID Ghana is a microfinance NGO that provides financial and social services to underserved urban communities in Accra. ID Ghana’s socially-oriented business model provides clients with a number of social services, including financial literacy training, group discussions led by peer educators on health and nutrition education, child schooling, basic medical services, and counseling and legal services for women victims of violence.

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
  • 33
    View loans »
    Ghana Loans Fundraising
  • $12,634,025
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Paragogous Group's $2,475 loan helped a member to buy soft drinks to resell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
May 30, 2012
Jun 14, 2012
Currency Exchange Loss:
Feb 15, 2013