Nyame Sun Sum Group
Status: Paying Back
| $3,100.00 | Loan Amount |
|---|
16% repaid
About the Group
(For privacy reasons, the Field Partner has requested that last names be undisclosed)| Group Name: | Nyame Sun Sum Group |
|---|---|
| Group Members: |
Christiana theresa felecia rosemary grace godwin adwoa dora mary |
| Location: | Sefwi Wiawso, Ghana |
| Activity: | Bakery |
About the Loan
| Loan Amount: | $3,100.00 |
|---|---|
| Loan Use: | To buy stock in bulk. |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Sep 16, 2009 |
| Date Disbursed: | Sep 1, 2009 |
| Date Funded: | Sep 25, 2009 |
About the Field Partner
About the Field Partner
|
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| Field Partner: | Sinapi Aba Trust (SAT) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 24 months |
| Kiva Entrepreneurs: | 5502 |
| Total Loans: | $2,878,850 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Ghana |
|---|---|
| Avg Annual Income: | $2,643.00 |
| Currency: | Ghana Cedis (GHS) |
| Exchange Rate: | 1.4569 GHS = 1 USD |
Christiana is 44 years old. She is married and has given birth to a child who is currently in school. She lives with her husband and child in a rented apartment in a town called Wiawso in the Western Region of Ghana. Wiawso is a commercial and farming town.
Christiana is a baker. She is the leader of a trust bank group called ‘Nyame sun sum’, meaning God’s spirit. The group members are engaged either in farming and/or trading activities. They sell and supply in their local market and nearby communities. They sometimes trek to nearby community markets to sell. The group members want a loan to buy goods in bulk to expand their businesses.
About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more
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Journal entries for Nyame Sun Sum Group
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Loan has been disbursed
Location: Sefwi Wiawso, Ghana
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Posted by
from Sefwi Wiawso, Ghana
Sep 26, 2009 |
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Comment on this entry
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Repayment Schedule for Nyame Sun Sum Group
Repayment Schedule for Nyame Sun Sum Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $516.67 | $516.67 |  Repayment Received
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| January 2010 | $516.66 | Available Jan 1 | |||
| February 2010 | $516.67 | Available Feb 1 | |||
| March 2010 | $516.67 | Available Mar 1 | |||
| April 2010 | $516.66 | Available Apr 1 | |||
| May 2010 | $516.67 | Available May 1 | |||
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