George


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: George
Location: Oda, Ghana
Activity: Used Clothing

About the Loan

Loan Amount: $700.00
Loan Use: To buy second hand textiles
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 28, 2009
Date Disbursed: Aug 11, 2009
Date Funded:Aug 28, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4633 GHS = 1 USD





George is thirty – three years old. He is married and has given birth to four children, two sons and two daughters who are all still in school. He works very hard to be able to provide for the family. He lives with his wife and children in a rented apartment in Oda in the Eastern region of Ghana. George is a trader. He trades in second hand textiles – clothes for unisex, bed sheets, etc. He hawks and treks to sell in other communities. George procures bales of second hand textiles from Accra. He has been in business for four years now and wants a loan to buy goods in bulk to expand his business.


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Journal entries for George


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

Thank you for your loan. It has been disbursed to George 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 29, 2009
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Kiva Help Repayment Schedule for George

  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