Anteh We Group
Mary is a 56-year-old single woman and has grown-up, independent children. In the picture, she is standing in the middle. She completed five years of formal education, but due to the poor economic condition of her family, had to stop her education.
Mary sells lobsters, crab and octopus. She is applying for her second loan with ID-Ghana. The requested funds will be used to purchase lobsters, crab and octopus.
On behalf of her colleagues, Mary expresses gratitude and appreciation for the support from Kiva investors throughout the world who provide such necessary and vital support.
About ID GhanaID 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.
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Success!! The loan was 100% repaid