Richard
Status: Paying Back
| $500.00 | Loan Amount |
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22% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Richard |
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| Location: | Abuakwa, Ghana |
| Activity: | Movie Tapes & DVDs |
About the Loan
| Loan Amount: | $500.00 |
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| Loan Use: | To buy video discs, African movies, foreign movies in bulk and used clothing, etc. |
| Repayment Term: | 11 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Aug 15, 2009 |
| Date Disbursed: | Aug 11, 2009 |
| Date Funded: | Aug 25, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Sinapi Aba Trust (SAT) |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 24 months |
| Kiva Entrepreneurs: | 5558 |
| Total Loans: | $2,913,700 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Ghana |
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| Avg Annual Income: | $2,643.00 |
| Currency: | Ghana Cedis (GHS) |
| Exchange Rate: | 1.4713 GHS = 1 USD |
Richard is 28 years old. He is married and the father of one child. His child is still breastfeeding. Richie, as he is popularly called, is very hard working and dedicated to his business. For him to be in focus and stable, he has had to shun unnecessary things that were retarding both his family and business growth.
He deals in video and movie discs, a business he has done for three years now. He buys stock from Nigeria and spends almost a week or two before he returns to Ghana. He dreams of expanding his business by renting a store so that he can stock his shop to attract customers. He would be grateful for your assistance.
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Journal entries for Richard
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Loan has been disbursed
Location: Abuakwa, Ghana
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Posted by
from Abuakwa, Ghana
Aug 26, 2009 |
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Comment on this entry
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Repayment Schedule for Richard
Repayment Schedule for Richard
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| November 2009 | $55.56 | $55.56 |  Repayment Received
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| December 2009 | $55.55 | $55.55 | Repayment Received
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| January 2010 | $55.56 | Available Jan 1 | |||
| February 2010 | $55.56 | Available Feb 1 | |||
| March 2010 | $55.56 | Available Mar 1 | |||
| April 2010 | $55.55 | Available Apr 1 | |||
| May 2010 | $55.56 | Available May 1 | |||
| June 2010 | $55.56 | Available Jun 1 | |||
| July 2010 | $55.54 | Available Jul 1 | |||
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