Mary Achawe


Status: Paying Back

$500.00   Loan Amount
83% repaid

About the Entrepreneur

Name: Mary Achawe
Location: Goaso, Ghana
Activity: Grocery Store

About the Loan

Loan Amount: $500.00
Loan Use: To buy provisions for her kiosk
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 1, 2009
Date Disbursed: May 20, 2009
Date Funded:Jun 4, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4654 GHS = 1 USD



Mary Achawe is forty-one years of age. She is married and has given birth to seven children – three sons and four daughters. She says they are in the senior high, junior high and primary schools. She lives with the children and her husband in a family house in a very busy commercial town called Goaso in the Brong Ahafo Region of Ghana. Her husband is a farmer while she is a trader.

Mary works very hard to support her husband to provide for the family. She sells provisions in a small kiosk in front of her house. She also sells vegetables. Mary buys from Kumasi. She has been in business for over twenty years and wants a loan to procure goods in bulk. She is hopeful to expand her business and increase her profit margin. Mary desires to sponsor her children in school to high levels.


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Journal entries for Mary Achawe


Loan has been disbursed
 
Entrepreneur: Mary Achawe
Location: Goaso, Ghana

Thank you for your loan. It has been disbursed to Mary Achawe by Sinapi Aba Trust (SAT) in Ghana. We are excited to watch this business grow. Over the 6 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 Goaso, Ghana
Jun 5, 2009
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Kiva Help Repayment Schedule for Mary Achawe

  Expected Repayments Actual Repayments Comments
September 2009 $166.68 $166.68 Repayment Received
October 2009 $83.34 $83.34 Repayment Received
November 2009 $83.34 $83.34 Repayment Received
December 2009 $83.34 $83.34 Repayment Received
January 2010 $83.30 Available Jan 1