Hagar


Status: Paying Back

$550.00   Loan Amount
49% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Hagar
Location: Sefwi Wiawso, Ghana
Activity: Cereals

About the Loan

Loan Amount: $550.00
Loan Use: To buy increased stock of maize.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 14, 2009
Date Disbursed: Jul 7, 2009
Date Funded:Jul 16, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4999 GHS = 1 USD



Hagar is 26 years old. She is single and has three children who are all in school. She trades in maize in the local market of Sefwi, a town in the western region of Ghana. She takes stock from the surrounding villages and supply to her customers.

Her major difficulty has to with funds to support the business. She requests for a loan to enable her to buy maize in bulk to grow her business and scale up sales. With her four years experience in trade, she hopes to increase her savings to support her children’s education and to give them a better future and improved career opportunities.



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Journal entries for Hagar


Loan has been disbursed
 
Entrepreneur: Hagar
Location: Sefwi Wiawso, Ghana

Thank you for your loan. It has been disbursed to Hagar 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 Sefwi Wiawso, Ghana
Jul 17, 2009
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Kiva Help Repayment Schedule for Hagar

  Expected Repayments Actual Repayments Comments
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 $91.66 Available Feb 1  
March 2010 $91.70 Available Mar 1