Dorothy


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: Dorothy
Location: Sefwi Wiawso, Ghana
Activity: Bakery

About the Loan

Loan Amount: $700.00
Loan Use: To buy baking materials like bags of flour, sugar, margarine, yeast and firewood etc.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 19, 2009
Date Disbursed: Sep 1, 2009
Date Funded:Sep 19, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4585 GHS = 1 USD



Dorothy is 20 years old and single. She works very hard to take care of herself. She started doing that when she was only seventeen years old. She is a baker who has used flour for her production for three years now. In spite of the challenges she faces, Dorothy bakes bread and retails it to her customers. She supplies them by herself in the market center and people also take bulk delivery from her. Her only problem now has to do with adequate funds to buy raw materials as prices are going up. She requests a loan support to remain in business. With the loan she believes she can meet the high demand of her customers. She would be grateful for assistance.



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Journal entries for Dorothy


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

Thank you for your loan. It has been disbursed to Dorothy 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 20, 2009
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Kiva Help Repayment Schedule for Dorothy

  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