Stephen


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: Stephen
Location: Oda, Ghana
Activity: Fish Selling

About the Loan

Loan Amount: $700.00
Loan Use: To buy fresh fish
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



Stephen is 58 years old. He is married and has given birth to seven children, three sons and four daughters. All are still in school. He works very hard to be able to provide for his family. He lives with his wife and children in a rented apartment in Oda in the Eastern region of Ghana. Stephen is a trader. He runs a cold store. He supplies to food vendors in his community. He procures the fish from nearby towns at moderate prices. Stephen has been in business for barely one year now and wants a loan to buy fresh fish and meat in bulk to expand his business.


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Journal entries for Stephen


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

Thank you for your loan. It has been disbursed to Stephen 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
Comment on this entry

Kiva Help Repayment Schedule for Stephen

  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