Rita


Status: Paying Back

$625.00   Loan Amount
16% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Rita
Location: Sefwi Wiawso, Ghana
Activity: Beauty Salon

About the Loan

Loan Amount: $625.00
Loan Use: To buy artificial hair
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 14, 2009
Date Disbursed: Sep 1, 2009
Date Funded:Sep 16, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4555 GHS = 1 USD




Rita is twenty – five years old. She is married and has given birth to two children. Both are currently in school. She lives with her husband and children in a rented apartment in Wiawso in the Western Region of Ghana. Rita is a hairdresser by profession. She has a workshop by the road side in her community. She says she has four apprentices under training. Rita has been in business for five years and wants a loan to buy artificial hair and other working materials in bulk to expand her business.


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Journal entries for Rita


Loan has been disbursed
 
Entrepreneur: Rita
Location: Sefwi Wiawso, Ghana

Thank you for your loan. It has been disbursed to rita 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 Sefwi Wiawso, Ghana
Sep 17, 2009
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Kiva Help Repayment Schedule for Rita

  Expected Repayments Actual Repayments Comments
December 2009 $104.17 $104.17 Repayment Received
January 2010 $104.16 Available Jan 1  
February 2010 $104.17 Available Feb 1  
March 2010 $104.17 Available Mar 1  
April 2010 $104.16 Available Apr 1  
May 2010 $104.17 Available May 1