Leticia Nketia


Status: Paid Back

$650.00   Loan Request
$650.00   Paid Back

About the Entrepreneur

Name: Leticia Nketia
Location: Oda, Ghana
Activity: Manufacturing

About the Loan

Loan Amount: $650.00
Loan Use: To scale up production of soaps
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



Leticia Nketia is 30 years old. She is married and mother of one child (a girl). She lives with her husband and the children. Currently her child is in school in the community where they live in the eastern region of Ghana. Her husband is a diamond miner. They live in a community endowed with natural resources like gold and diamonds.


Leticia is a local manufacturer of Soaps. She combines materials like palm oil, soda powder, cocoa pods and coconut oil to create her soaps. Leticia has ten years experience in soap manufacturing. She is not able to produce in large quantities for lack of funds to buy raw materials. She wants to take advantage of the loan facility to buy more raw materials and processing equipment to scale up production. She hopes to increase her income to support her children's education. She belongs to the village bank called ‘Hannah Mma’ which means Hannah’s children.


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Journal entries for Leticia Nketia


Loan has been disbursed
 
Entrepreneur: Leticia Nketia
Location: Oda, Ghana

Thank you for your loan. It has been disbursed to Leticia Nketia 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 Leticia Nketia

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