Akua Amponsah


Status: Paid Back

$650.00   Loan Request
$650.00   Paid Back

About the Entrepreneur

Name: Akua Amponsah
Location: Cape Coast, Ghana
Activity: Manufacturing

About the Loan

Loan Amount: $650.00
Loan Use: To purchase raw materials like palm oil, soda powder, cocoa pods and coconut oil etc.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 10, 2009
Date Disbursed: Mar 26, 2009
Date Funded:Apr 10, 2009
Loan Ended:Oct 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4170 GHS = 1 USD



Akua Amponsah is 36 years old. She is married and the mother of five children. She lives with her husband and the children. Currently all her children are in school, either junior high or the primary level. She is a local manufacturer of Soaps. She combines materials like palm oil, soda powder, cocoa pods and coconut oil to obtain her soaps. She is not able to produce in large quantities due to a lack of funds. She wants to take advantage of the loan facility to buy more raw materials and processing equipment to scale up production. She hopes to raise her income to support her children's education. She belongs to the village bank called ‘Adwumapa’, which means Good work.

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Journal entries for Akua Amponsah


Loan has been disbursed
 
Entrepreneur: Akua Amponsah
Location: Cape Coast, Ghana

Thank you for your loan. It has been disbursed to Akua Amponsah by Sinapi Aba Trust (SAT) in Ghana. We are excited to watch this business grow. Over the 5 months of this loan, Sinapi Aba Trust (SAT) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Cape Coast, Ghana
Apr 11, 2009
Comments (1)

Kiva Help Repayment Schedule for Akua Amponsah

  Expected Repayments Actual Repayments Comments
July 2009 $130.00 $130.00 Repayment Received
August 2009 $130.00 $130.00 Repayment Received
September 2009 $195.00 $195.00 Repayment Received
October 2009 $130.00 $130.00 Repayment Received
November 2009 $65.00 $65.00 Repayment Received