Matilda Owusu


Status: Paid Back

$850.00   Loan Request
$850.00   Paid Back

About the Entrepreneur

Name: Matilda Owusu
Location: Oda, Ghana
Activity: Electrical Goods

About the Loan

Loan Amount: $850.00
Loan Use: To purchase more inventory of electrical and electronic parts.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 27, 2009
Date Disbursed: Apr 16, 2009
Date Funded:Apr 27, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4434 GHS = 1 USD



Matilda Owusu is thirty-seven year old married woman with a one child who is still breastfeeding. Matilda’s husband works as Disc Jockey in a radio station. She lives with her family at Oda in the Eastern Region of Ghana. Most of the inhabitants of Oda are actively involved in farming.

Matilda is a dealer in electrical and electronic parts like speakers, transistors, transformers, screwdrivers, wire, television cords, antennas etc. She buys her supplies from importers at wholesale prices and sells to her customers at retail prices. She expects to increase her profits if she receives her loan, She wants to invest the loan in higher inventory of electrical and electronic parts. She hopes to increase her savings so that she can expand her shop and include refrigerators and parts. She is a member of a group called “Adehyee Mma” (Translated, Royals) Trust Group. In this group, members guarantee and provide support to one another to repay the loan.



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Journal entries for Matilda Owusu


Loan has been disbursed
 
Entrepreneur: Matilda Owusu
Location: Oda, Ghana

Thank you for your loan. It has been disbursed to Matilda Owusu 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 28, 2009
Comment on this entry

Kiva Help Repayment Schedule for Matilda Owusu

  Expected Repayments Actual Repayments Comments
July 2009 $85.00 $85.00 Repayment Received
August 2009 $170.00 $170.00 Repayment Received
September 2009 $170.00 $170.00 Repayment Received
October 2009 $170.00 $170.00 Repayment Received
November 2009 $170.00 $170.00 Repayment Received
December 2009 $85.00 $85.00 Repayment Received