Kwabena Mensa


Status: Paying Back

$700.00   Loan Amount
66% repaid

About the Entrepreneur

Name: Kwabena Mensa
Location: Wiawso, Ghana
Activity: Grocery Store

About the Loan

Loan Amount: $700.00
Loan Use: To buy groceries in bulk to sell to his customers
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 18, 2009
Date Disbursed: Jun 11, 2009
Date Funded:Jun 18, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4751 GHS = 1 USD



Kwabena Mensa is 37 years old, married and has four children, two sons and two daughters, all of whom are still in primary school. He lives with his family in a rented apartment in a commercial town in Ghana's Western region called Dwenase, a suburb of Sefwi-Wiawso. His wife is a hard-working woman, and Kwabena runs a grocery store with her. The couple sells groceries such as sugar, rice, candies and bread in a store on a busy street. He has been in business for 10 years and wants a loan to buy more items to sell to his customers, and to expand his business. He hopes to improve his family's standard of living and give all of his children good educations.

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Journal entries for Kwabena Mensa


Loan has been disbursed
 
Entrepreneur: Kwabena Mensa
Location: Wiawso, Ghana

Thank you for your loan. It has been disbursed to Kwabena Mensa 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 19, 2009
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Kiva Help Repayment Schedule for Kwabena Mensa

  Expected Repayments Actual Repayments Comments
September 2009 $116.67 $116.67 Repayment Received
October 2009 $116.67 $116.67 Repayment Received
November 2009 $116.67 $116.67 Repayment Received
December 2009 $116.67 $116.67 Repayment Received
January 2010 $116.67 Available Jan 1  
February 2010 $116.65 Available Feb 1