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Cranaa Group
In this Group: Bernice, Mary, Augustina, Amerley, Salomey
Bernice is a 40-year-old woman married to Emmanuel, who works in a metal workshop. Bernice sells jeans of all kinds. She is a member of a group called "Cranaa" and they are into the trading of the following items: jeans top and down, fish, pepper, maize, and plastic products. They are five in number. They need a total sum of 1,950 Ghana cedis to be able to expand their businesses.

This is their third loan with ID-Ghana. Bernice said, "We formed our group because we all need working capital to invest in our businesses. And after working with ID-Ghana, we trust Kiva’s support so that our businesses would flourish. We have gone round assessing several financial institutions, but the one which convinced us is ID-Ghana because their conditions are flexible as compared to others. This informed our decision to work with this organization."

Bernice’s previous loan amount was 350 Ghana cedis, which is invested into the business. She works every day from Monday to Saturday to be able to help her husband with the household expenses and has been making 100 Ghana cedis per month as profit. She has been doing this job for seven years and hawks from door to door.

She now needs an amount of 500 Ghana cedis to buy more jeans to sell.

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
  • 29
    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 Cranaa Group's $1,050 loan helped a member to buy jeans and other items to sell to her customers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 12, 2012
Nov 12, 2012
Currency Exchange Loss:
May 17, 2013