Margaret


Status: Paid Back

$550.00   Loan Request
$550.00   Paid Back

About the Entrepreneur

Name: Margaret
Location: Dormaa, Ghana
Activity: Food Market

About the Loan

Loan Amount: $550.00
Loan Use: To buy yams
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 18, 2009
Date Disbursed: May 12, 2009
Date Funded:May 19, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4644 GHS = 1 USD



Margaret trades in food items such as yams, vegetables, etc. She sells on a tabletop at the local market square. She procures her goods from Kintampo, a nearby market, at effective prices.
Margaret is 34 years old, married and has three children: one son and two daughters. She says all are currently in primary school. She lives with her children and husband in a rented apartment in a farming and trading community near Dormaa, the district capital, in the Brong Ahafo region. Her husband is a farmer.
Margaret has been in business for one year now and wants a loan to procure goods in bulk. Margaret is hoping to expand her business and give her children the best education she can afford.



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Journal entries for Margaret


Loan has been disbursed
 
Entrepreneur: Margaret
Location: Dormaa, Ghana

Thank you for your loan. It has been disbursed to Margaret 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 Dormaa, Ghana
May 19, 2009
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Kiva Help Repayment Schedule for Margaret

  Expected Repayments Actual Repayments Comments
August 2009 $55.00 $55.00 Repayment Received
September 2009 $110.00 $110.00 Repayment Received
October 2009 $110.00 $110.00 Repayment Received
November 2009 $165.00 $165.00 Repayment Received
December 2009 $110.00 $110.00 Repayment Received