Ama Afoah


Status: Paying Back

$550.00   Loan Amount
66% repaid

About the Entrepreneur

Name: Ama Afoah
Location: Wiawso, Ghana
Activity: Food Production/Sales

About the Loan

Loan Amount: $550.00
Loan Use: To buy bags of rice
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 26, 2009
Date Disbursed: Jun 11, 2009
Date Funded:Jun 27, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4840 GHS = 1 USD



Ama Afoah is a food vendor. She prepares and sells rice and stew. She hawks in her community in the mornings. She wants a loan to buy bags of rice and other ingredients in bulk. Ama buys her goods from nearby communities. She has been in business for one year now.


Ama is 43 years old, married and has four children: two sons and two daughters. All are currently in senior high, junior high and primary schools. She lives with her husband and children in a rented apartment in the commercial town of Dwenase in the Western Region. Dwenase is a suburb of Sefwi-Wiawso, the district capital. Ama wants to expand her business and give her children a good education.


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Journal entries for Ama Afoah


Loan has been disbursed
 
Entrepreneur: Ama Afoah
Location: Wiawso, Ghana

Thank you for your loan. It has been disbursed to Ama Afoah 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 28, 2009
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Kiva Help Repayment Schedule for Ama Afoah

  Expected Repayments Actual Repayments Comments
September 2009 $91.66 $91.66 Repayment Received
October 2009 $91.66 $91.66 Repayment Received
November 2009 $91.66 $91.66 Repayment Received
December 2009 $91.66 $91.66 Repayment Received
January 2010 $91.66 Available Jan 1  
February 2010 $91.70 Available Feb 1