Vivian Akumi


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

Name: Vivian Akumi
Location: Dorma Ahenkro, Ghana
Activity: Fish Selling

About the Loan

Loan Amount: $500.00
Loan Use: To buy more stock of smoked fish and dried fish
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 23, 2009
Date Disbursed: May 14, 2009
Date Funded:May 23, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4324 GHS = 1 USD



Vivian Akumi started her fish sales ten years ago at Dorma Ahenkro in the Brong Ahafo of Ghana. Vivian prepares and serves her customers very tasty and good quality fish, and because of that many customers buy from her stand. She has a cunning mouth to convince her suppliers to sell her more fish when there is high demand for fish and the supply is low.




She buys stocks of fish from the fishermen and smokes them at a nearby stand. She has a big customer base that travels from the other part of the region to buy her fish. They buy from her both the fresh ones and the smoked ones. She is now 38 years old, married, and mother of six children. Currently all her children are in school. She wants to use the loan to buy increased stocks of assorted fish to make increased sales and income to support her children's educational needs and her business growth. She belongs to the village bank called ‘Provident’.


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Journal entries for Vivian Akumi


Loan has been disbursed
 
Entrepreneur: Vivian Akumi
Location: Dorma Ahenkro, Ghana

Thank you for your loan. It has been disbursed to Vivian Akumi 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 Dorma Ahenkro, Ghana
May 24, 2009
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Kiva Help Repayment Schedule for Vivian Akumi

  Expected Repayments Actual Repayments Comments
August 2009 $50.00 $50.00 Repayment Received
September 2009 $100.00 $100.00 Repayment Received
October 2009 $100.00 $100.00 Repayment Received
November 2009 $100.00 $100.00 Repayment Received
December 2009 $150.00 $150.00 Repayment Received