Grace


Status: Paying Back

$350.00   Loan Amount
33% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Grace
Location: Oda, Ghana
Activity: Home Products Sales

About the Loan

Loan Amount: $350.00
Loan Use: To buy utensils
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 22, 2009
Date Disbursed: Aug 11, 2009
Date Funded:Aug 22, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4687 GHS = 1 USD



Grace is thirty-eight years old. She is married and has given birth to four children, one son and three daughters who are still in school. Grace lives with her husband and children in a rented apartment in Oda in the Eastern region of Ghana.She works very hard to support her husband and to provide for the family. She is a trader. She trades utensils. She buys her goods in Kumasi and hawks to sell. She also treks to other communities to sell. Grace has been in business for over twenty years now and wants a loan to buy goods in bulk to expand her business.


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Journal entries for Grace


Loan has been disbursed
 
Entrepreneur: Grace
Location: Oda, Ghana

Thank you for your loan. It has been disbursed to Grace 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 Oda, Ghana
Aug 23, 2009
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Kiva Help Repayment Schedule for Grace

  Expected Repayments Actual Repayments Comments
November 2009 $58.33 $58.33 Repayment Received
December 2009 $58.33 $58.33 Repayment Received
January 2010 $58.33 Available Jan 1  
February 2010 $58.33 Available Feb 1  
March 2010 $58.34 Available Mar 1  
April 2010 $58.34 Available Apr 1