Kwame Anaafi


Status: Paid Back

$575.00   Loan Request
$575.00   Paid Back

About the Entrepreneur

Name: Kwame Anaafi
Location: Oda, Ghana
Activity: Construction Supplies

About the Loan

Loan Amount: $575.00
Loan Use: To acquire a piece of land for sand winning
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 20, 2009
Date Disbursed: Apr 16, 2009
Date Funded:Apr 21, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4387 GHS = 1 USD



Kwame Anaafi is a fifty-eight-year-old married man and a father of five. The first four born are currently in senior high and junior high schools. The youngest has yet to start school. His wife is a petty trader. She trades in food items such as yams, plantains, cassava, and the like. Kwame lives with the family in a rented apartment in a town called Achiase. Achiase is farming and a busy trading community in the Eastern Region of Ghana.

Kwame is in the sand winning business. He acquires pieces of land, hires workers who dig for the sand and sells the product to building contractors in dump trucks. After winning the sand, the land returns to the owner from whom he acquired it.

Kwame has been in business for fifteen years. He hopes to give his children the best education possible.


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Journal entries for Kwame Anaafi


Loan has been disbursed
 
Entrepreneur: Kwame Anaafi
Location: Oda, Ghana

Thank you for your loan. It has been disbursed to Kwame Anaafi 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 Oda, Ghana
Apr 22, 2009
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Kiva Help Repayment Schedule for Kwame Anaafi

  Expected Repayments Actual Repayments Comments
July 2009 $57.50 $57.50 Repayment Received
August 2009 $115.00 $115.00 Repayment Received
September 2009 $115.00 $115.00 Repayment Received
October 2009 $115.00 $115.00 Repayment Received
November 2009 $115.00 $115.00 Repayment Received
December 2009 $57.50 $57.50 Repayment Received