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Joy's Group
In this Group: Joyce , Rebecca , Selina , Harriet , Stella , Victoria , Joy , Mariama , Ruth , Florence
This group is comprised of 10 women from one of Accra's suburbs. In the past, these women used to interact with one another through weekly savings groups' meetings, which allowed them to self-finance and support their income-generating activities. With the aim of strengthening the economic power of women, the group has recently entered into partnership with ID-Ghana, Kiva's partner, whose mission is to help them to better manage their activities in a professional way and earn more profits. Joy's group is therefore a credit group consisting of women who live in the same neighborhood and are involved in different trading activities including sales of provisions, detergent, flowers, noodles, maize, jeans, shirts, bags, etc.

The group's representative is named Joy. She is a married woman who has been selling charcoal and flowers for seven years. Joy works from as early as 6 AM until 6 PM every day. With the profits that she makes from her business, she is able to contribute to the daily expenses of the family and save part. Joy is a member of one of the local branches of ID-Ghana and she is requesting a loan to buy two bags of charcoal and flowers to resell to customers. Through this loan, she is hoping to see an increase in her profits. She would also like to contribute to the improvement of her family's food conditions. Her goal is to save some money and, in the future, to buy a car for a taxi business too.

They need a total amount of GHS 8,600 to be able to support their 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
  • 13
    View loans »
    Ghana Loans Fundraising
  • $12,270,275
    Funds lent in using Kiva
  • 2.2
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Joy's Group's $3,925 loan helped a member to buy two bags of charcoal and flowers, to resell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Oct 24, 2013
Nov 4, 2013
Currency Exchange Loss:
Jun 17, 2014