Lydia


Status: Paying Back

$550.00   Loan Amount
16% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $550.00
Loan Use: To buy bags of maize
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 15, 2009

About the Country

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




Lydia is forty years old. She is married and has given birth to three children. All are currently in school. She lives with her husband and children in a rented apartment in a commercial town called Wiawso in the Western Region of Ghana. Wiawso is a commercial and farming community in the region. Lydia works hard to support her husband to provide for the family. She is a food vendor. She prepares and sells ‘banku’, a local dish from corn dough. It is served hot with soup. She prepares the food in her house of residence and sells on a table top in her community. Lydia buys bags of maize and other ingredients from nearby communities. She has been in business for three years and wants a loan to buy goods in bulk to expand her business.


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Journal entries for Lydia


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

Thank you for your loan. It has been disbursed to lydia 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 16, 2009
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Kiva Help Repayment Schedule for Lydia

  Expected Repayments Actual Repayments Comments
December 2009 $91.66 $91.66 Repayment Received
January 2010 $91.67 Available Jan 1  
February 2010 $91.66 Available Feb 1  
March 2010 $91.67 Available Mar 1  
April 2010 $91.66 Available Apr 1  
May 2010 $91.68 Available May 1