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Salem Group
In this Group: Veronica, Matilda, Helena
Salem group is made up of 3 women who are from Teshie. This group was formed in 2011 and are still together. They sell drinks, cloth, and sandals. They meet every Wednesday to discuss business and payment of loans. They have been with ID-Ghana since 2010.

Matilda is a 43-year-old drinks seller, married to a 45-year-old businessman. They have 2 children who are in schooling. This is her second loan cycle with ID-Ghana. Her childrens' ages are 13 years and 20 years.

Matilda has been doing this job for 5 years, which shows a lot of experience. She needs this loan to buy more Coca-Cola, Fanta, Malta Guiness, and Alvaro to sell to customers. She was given 350 Ghana Cedis in the first loan cycle and now needs 700 Ghana Cedis to expand the business. Her monthly profit is 90 Ghana Cedis, which she uses partly to help her husband with family expenses and partly on reinvestment.

They need a total amount of 2,600 Ghana Cedis to be able to meet customer demand.

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
  • 24
    View loans »
    Ghana Loans Fundraising
  • $12,522,425
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Salem Group's $950 loan helped a member to buy more soft drinks to sell to customers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Aug 17, 2012
Aug 28, 2012
Currency Exchange Loss:
Feb 15, 2013