Akua


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: Akua
Location: Oda, Ghana
Activity: Food Market

About the Loan

Loan Amount: $700.00
Loan Use: To buy palm nuts in bulk
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 31, 2009
Date Disbursed: Aug 11, 2009
Date Funded:Aug 31, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4607 GHS = 1 USD



Akua is sixty years old. She is married and has given birth to five children: two daughters and three sons, who are all out of school. She works very hard to support her husband to provide for the family. She lives with her husband and some of her children in a rented apartment in Oda in the Eastern Region of Ghana.

Akua is a trader, running a palm oil production business. She procures the palm fruits from nearby communities and supplies to retailers in her community. She has been in business for three years and wants a loan to buy palm fruits in bulk to expand her business.


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Journal entries for Akua


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

Thank you for your loan. It has been disbursed to Akua 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
Sep 1, 2009
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Kiva Help Repayment Schedule for Akua

  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