Mercy Manu


Status: Paying Back

$350.00   Loan Amount
66% repaid

About the Entrepreneur

Name: Mercy Manu
Location: Wiawso, Ghana
Activity: Food Market

About the Loan

Loan Amount: $350.00
Loan Use: To buy bags of salt
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 16, 2009
Date Disbursed: Jun 11, 2009
Date Funded:Jun 16, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4974 GHS = 1 USD



Mercy Manu is a mother of five children, two sons and three daughters, all of whom are in school – senior high, junior high and primary schools The first born is in the university. She is forty years old and married. She lives with her children and husband in a rented apartment in Dwenase, a suburb of Sefwi-Wiawso in the western region of Ghana. Mercy’s husband works with the local transport union.

Mercy is a trader. She buys bags of salt from distributors and sells them to retailers and food vendors in her community. She also sells under a shed in the market square and treks to other towns to sell on their market days. She has been in business for six years and wants a loan to buy bags of salt in bulk. She hopes to expand her business and give her children the best of education that she can afford.



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Journal entries for Mercy Manu


Loan has been disbursed
 
Entrepreneur: Mercy Manu
Location: Wiawso, Ghana

Thank you for your loan. It has been disbursed to Mercy Manu 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 Wiawso, Ghana
Jun 17, 2009
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Kiva Help Repayment Schedule for Mercy Manu

  Expected Repayments Actual Repayments Comments
September 2009 $58.33 $58.33 Repayment Received
October 2009 $58.33 $58.33 Repayment Received
November 2009 $58.33 $58.33 Repayment Received
December 2009 $58.33 $58.33 Repayment Received
January 2010 $58.33 Available Jan 1  
February 2010 $58.35 Available Feb 1