Janet Oteng


Status: Paid Back

$575.00   Loan Request
$575.00   Paid Back

About the Entrepreneur

Name: Janet Oteng
Location: Oda, Ghana
Activity: Food Production/Sales

About the Loan

Loan Amount: $575.00
Loan Use: To purchase flour and ingredients
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



Janet Oteng is 23 years old and is married with one son, who is currently in nursery school. She lives with her son and husband in a rented apartment in Takorase, a farming/commercial town near Akim Oda in the Eastern Region of Ghana. Janet works to support her husband in providing for the family. Her husband deals in diamond minerals.


Janet is a trader in pastries. She fries pastries such as meat pies, doughnuts, etc. in her home and hawks to sell them. She also treks to other towns to sell on their market days. Janet buys her ingredients from nearby supermarkets. She has been in business for two years and wants a loan to purchase goods in bulk. Janet hopes to expand her business and generate some savings for the future.


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Journal entries for Janet Oteng


Loan has been disbursed
 
Entrepreneur: Janet Oteng
Location: Oda, Ghana

Thank you for your loan. It has been disbursed to Janet Oteng 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
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Kiva Help Repayment Schedule for Janet Oteng

  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