Osei Aboakye
Status: Paid Back
| $500.00 | Loan Request | |
|---|---|---|
| $500.00 | Paid Back |
About the Entrepreneur
| Name: | Osei Aboakye |
|---|---|
| Location: | Kasoa, Ghana |
| Activity: | Spare Parts |
About the Loan
| Loan Amount: | $500.00 |
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| Loan Use: | To purchase new stock of spare parts and scraps |
| Repayment Term: | 7 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | May 27, 2009 |
| Date Disbursed: | May 21, 2009 |
| Date Funded: | May 30, 2009 |
| Loan Ended: | Nov 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Sinapi Aba Trust (SAT) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 24 months |
| Kiva Entrepreneurs: | 5521 |
| Total Loans: | $2,890,550 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Ghana |
|---|---|
| Avg Annual Income: | $2,643.00 |
| Currency: | Ghana Cedis (GHS) |
| Exchange Rate: | 1.4591 GHS = 1 USD |
Osei Aboakye is a retailer of spare parts for cars. He buys from suppliers in Accra and sells to his customers. However, he currently does not have adequate funds to support his business, especially with the recent price hikes. He therefore needs this loan to remain in business.
Osei is 50 years old, married and has four kids who are currently in school. With this loan, he wants to purchase new stock of spare parts and scraps to serve his customers. He believes the loan will enable him to save more to finance his kids’ education.
He is a member of the Sure Trust Group. In this community group, members guarantee and support one another for repayment of loans.
Osei is 50 years old, married and has four kids who are currently in school. With this loan, he wants to purchase new stock of spare parts and scraps to serve his customers. He believes the loan will enable him to save more to finance his kids’ education.
He is a member of the Sure Trust Group. In this community group, members guarantee and support one another for repayment of loans.
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Journal entries for Osei Aboakye
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Loan has been disbursed
Location: Kasoa, Ghana
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Posted by
from Kasoa, Ghana
May 31, 2009 |
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Comment on this entry
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Repayment Schedule for Osei Aboakye
Repayment Schedule for Osei Aboakye
| Expected Repayments | Actual Repayments | Comments | |||
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| September 2009 | $100.00 | $100.00 |  Repayment Received
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| October 2009 | $200.00 | $200.00 | Repayment Received
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| November 2009 | $100.00 | $100.00 | Repayment Received
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| December 2009 | $100.00 | $100.00 | Repayment Received
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