Georgina


Status: Paying Back

$475.00   Loan Amount
50% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $475.00
Loan Use: To purchase kente clothes in bulk to increase her inventory
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 16, 2009
Date Disbursed: Jul 7, 2009
Date Funded:Jul 17, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4982 GHS = 1 USD



Georgina is a businesswoman. She trades in kente clothes, linen and lace materials. Kente is a traditional-design cloth; it is purchased by the rich because of its value. Georgina has rented a store from which she trades.

Georgina is 48 years old and a married mother with six children. Three are schooling and three are working. She is very supportive to her family through her trading business.

Georgina has been selling for the past seven months but progress has persistently been slow due to insufficient funds. She hopes the loan will enable her to revive her business and make a more viable profit. She wants to purchase kente clothes, linen and lace materials in bulk to increase her inventory. She would be grateful for your support.


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Journal entries for Georgina


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

Thank you for your loan. It has been disbursed to Georgina 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 18, 2009
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Kiva Help Repayment Schedule for Georgina

  Expected Repayments Actual Repayments Comments
October 2009 $79.17 $79.17 Repayment Received
November 2009 $79.17 $79.17 Repayment Received
December 2009 $79.17 $79.17 Repayment Received
January 2010 $79.17 Available Jan 1  
February 2010 $79.17 Available Feb 1  
March 2010 $79.15 Available Mar 1