Alice Bonfoah


Status: Paid Back

$625.00   Loan Request
$625.00   Paid Back

About the Entrepreneur

Name: Alice Bonfoah
Location: Dormaa, Ghana
Activity: Cereals

About the Loan

Loan Amount: $625.00
Loan Use: To buy bags of maize.
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 24, 2009
Date Disbursed: May 14, 2009
Date Funded:May 24, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4689 GHS = 1 USD



Alice Bonfoah is the 35-year-old married mother of four children, two sons and two daughters, all currently attending primary school. She lives with her husband and children in a family house in Kofiase, a farming/trading community near Dormaa, the district capital, in the Brong Ahafo region. A trader in maize, Alice procures bags of it from farmers in nearby communities and sells to retailers and food vendors both in the local market and in other towns. She has been in business for two years and is now requesting a loan to purchase maize in bulk, hoping to ultimately expand her business and give her children the best education she can afford.

Subscribe

Lenders to this entrepreneur

Thomas
Paris,
France

Andrew
Edina, MN
United States

HTBedlow
Greensboro, NC
United States

Sascha

United States

Penny
Perth, Western Australia
Australia

Andi
Berlin,
Germany

Shirley
Rocky Mount, NC
United States

Arjun
Montreal, Quebec
Canada

michelle
San Jose, CA
United States

Liz
Frodsham, Cheshire
United Kingdom

Charles
Mississauga, Ontario
Canada

Anonymous
Rancho Palos Verdes, CA
United States

Kees
Delft,
Netherlands



Top Lending Teams for this entrepreneur


Kiva Christians
Friends
3088 Members

C.S.R.
Clubs
28 Members

UserFriendly.org
Common Interest
9 Members

Journal entries for Alice Bonfoah


Loan has been disbursed
 
Entrepreneur: Alice Bonfoah
Location: Dormaa, Ghana

Thank you for your loan. It has been disbursed to Alice Bonfoah 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 25, 2009
Comment on this entry

Kiva Help Repayment Schedule for Alice Bonfoah

  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 $125.00 $125.00 Repayment Received
December 2009 $187.50 $187.50 Repayment Received