Faustina


Status: Paying Back

$700.00   Loan Amount
33% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Faustina
Location: Oda, Ghana
Activity: Retail

About the Loan

Loan Amount: $700.00
Loan Use: To buy a bulk supply of cooking oil and slippers.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 26, 2009
Date Disbursed: Aug 11, 2009
Date Funded:Aug 27, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4617 GHS = 1 USD



Faustina, 39, is married and mother of four children, all in school. Working very hard to support the husband in taking care of the family, Faustina trades in cooking oil and slippers. Operating these two businesses in seasons has helped her to know the market trend and what to invest her money in. Her only challenge is in having adequate funds to operate successfully, so she is requesting a loan to purchase an increased stock of cooking oil since this is the season of high demand. She would be grateful for your assistance.

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

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

  Expected Repayments Actual Repayments Comments
November 2009 $116.67 $116.67 Repayment Received
December 2009 $116.67 $116.67 Repayment Received
January 2010 $116.67 Available Jan 1  
February 2010 $116.67 Available Feb 1  
March 2010 $116.67 Available Mar 1  
April 2010 $116.65 Available Apr 1