Comfort


Status: Paying Back

$700.00   Loan Amount
16% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Comfort
Location: Konongo, Ghana
Activity: Food Production/Sales

About the Loan

Loan Amount: $700.00
Loan Use: To buy bags of rice, spices, ingredients in bulk.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 15, 2009
Date Disbursed: Sep 1, 2009
Date Funded:Sep 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4540 GHS = 1 USD



Comfort is thirty–eight years old, divorced and a hardworking woman. She has four children a son and three daughters—who are all in school. She lives with her children in a rented apartment in Konongo in the Ashanti region of Ghana.

Comfort prepares and sells rice and stew in the mornings by the roadside in her community. She procures her raw materials from Kumasi. Comfort has been in business for five years and is requesting a loan to buy bags of rice and other ingredients in bulk to expand her business. She dreams to provide good education for the children from the business proceeds and would be grateful for your assistance.


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Journal entries for Comfort


Loan has been disbursed
 
Entrepreneur: Comfort
Location: Konongo, Ghana

Thank you for your loan. It has been disbursed to Comfort 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 Konongo, Ghana
Sep 16, 2009
Comments (1)

Kiva Help Repayment Schedule for Comfort

  Expected Repayments Actual Repayments Comments
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 $116.67 Available Apr 1  
May 2010 $116.65 Available May 1