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Helina's Group
In this Group: Helina , Mary , Diana
Helina, who is in her early forties, is single with two children. The children are 15 and 10 respectively. For six years now, Helina has had this enterprise: a cooking oil business, selling door to door and supply as well. She runs this business for eight hours only (8 a.m. to 5 p.m.). In this time, Helina is able to earn a fair profit per month.

This will be her sixth loan request from ID-Ghana, which she will use to buy one barrel of palm oil and supply to customers. With the previous loans, all of which she repaid back successfully, she managed to increase her business stock. The business profit was used to for reinvestment and savings toward her children's education and covered home expenses. Helina dreams that one day she will able to own a guesthouse.

She together with other two members are requesting a total loan amount of GHS 1800 to improve businesses.

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
  • 26
    View loans »
    Ghana Loans Fundraising
  • $12,634,025
    Funds lent in using Kiva
  • 2.1
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Helina's Group's $850 loan helped a member to buy one barrel of palm oil and supply to customers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Aug 7, 2013
Aug 26, 2013
Currency Exchange Loss:
Feb 17, 2014