Rebecca


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: Rebecca
Location: Oda, Ghana
Activity: Food Market

About the Loan

Loan Amount: $700.00
Loan Use: To buy bulk gallons of palm oil.
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 29, 2009

About the Country

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



For the past ten years, Rebeca has been trading in palm oil. She is 40 year old woman, married six children who are schooling. She treks to Asamang, a town in the Eastern region of Ghana to purchase her palm oil from the producers in bulk and retail to her customers. She treks them to Accra to trade and she can no longer buy enough quantities. She hopes the loan will enable to inject more capital into the business to meet the demands of the market. She wants to use the loan to buy bulk gallons of palm oil to avoid price hikes and frequent travels. She hopes to increase her savings to support her husband pay the children’s school fees.

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Journal entries for Rebecca


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

Thank you for your loan. It has been disbursed to Rebecca 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 30, 2009
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Kiva Help Repayment Schedule for Rebecca

  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