Lydia Mensah


Status: Paid Back

$700.00   Loan Request
$700.00   Paid Back

About the Entrepreneur

Name: Lydia Mensah
Location: Oda, Ghana
Activity: Retail

About the Loan

Loan Amount: $700.00
Loan Use: To buy more stock of cooking utensils and plastics bowls.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 21, 2009
Date Disbursed: Apr 16, 2009
Date Funded:May 21, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4488 GHS = 1 USD



Lydia Mensah is 46 years old. She is married and has given birth to a son who just graduated from senior high school. She lives with her family at Oda in the Eastern Region of Ghana. She has traded for three years in silver and plastic materials like plates, buckets, bowls, and cooking utensils. She sells the cooking utensils through 'hawking', that is door-to-door selling. She has good demand for her products. She sells on market days in the Oda Market too, which is usually Wednesday. She requests a loan facility to augment her working capital so she can buy more stock of silver and plastic materials to sell. She believes the loan will enable her to earn more income to support her family.






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Journal entries for Lydia Mensah


Loan has been disbursed
 
Entrepreneur: Lydia Mensah
Location: Oda, Ghana

Thank you for your loan. It has been disbursed to Lydia Mensah 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
May 22, 2009
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Kiva Help Repayment Schedule for Lydia Mensah

  Expected Repayments Actual Repayments Comments
July 2009 $70.00 $70.00 Repayment Received
August 2009 $140.00 $140.00 Repayment Received
September 2009 $140.00 $140.00 Repayment Received
October 2009 $140.00 $140.00 Repayment Received
November 2009 $140.00 $140.00 Repayment Received
December 2009 $70.00 $70.00 Repayment Received