Aba Adukwah


Status: Paid Back

$625.00   Loan Request
$625.00   Paid Back

About the Entrepreneur

Name: Aba Adukwah
Location: Mankessim, Ghana
Activity: Food Production/Sales

About the Loan

Loan Amount: $625.00
Loan Use: To buy rice, cooking oil, charcoal, spices and meat etc.
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 21, 2009
Date Disbursed: May 12, 2009
Date Funded:May 22, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4458 GHS = 1 USD



Aba Adukwah is fifty-two years old. She is a divorced mother with five children. Currently two of them is in school while three are independent.

Aba has been a food vendor for seven years now. She sells rice with beans stew; this food is mostly purchased by the schoolchildren during their break time. Aba says she has extended her production to serve people in the community as well so when she closes in the morning she would prepare some in the afternoon and sell it in the community market.

Aba wants the loan to buy more bags of fresh rice, meat, vegetable oil and charcoal to avoid price hikes. She is much convinced that the loan would help her increase her profit margin.

She also believes in her ability to save more to support her kids, especially their education, which she believe is the best legacy she want to leave with children. She would be grateful for your support.

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Journal entries for Aba Adukwah


Loan has been disbursed
 
Entrepreneur: Aba Adukwah
Location: Mankessim, Ghana

Thank you for your loan. It has been disbursed to Aba Adukwah 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 Mankessim, Ghana
May 23, 2009
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Kiva Help Repayment Schedule for Aba Adukwah

  Expected Repayments Actual Repayments Comments
August 2009 $62.50 $62.50 Repayment Received
September 2009 $125.00 $125.00 Repayment Received
October 2009 $125.00 $125.00 Repayment Received
November 2009 $187.50 $187.50 Repayment Received
December 2009 $125.00 $125.00 Repayment Received