Akua


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: Akua
Location: Sefwi Wiawso, Ghana
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $700.00
Loan Use: To increase stock of fresh apples
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 26, 2009
Date Disbursed: Sep 14, 2009
Date Funded:Sep 26, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4480 GHS = 1 USD



Akua hawks fresh apples in the community where she lives. She takes delivery of stock from Kumasi and sells in the commercial vehicle station. She is 28 years old, divorced and the mother of two children. Currently her children are living with her divorced husband’s mother in the eastern region of Ghana. This has reduced the burden on her shoulders, but she works hard to send the grandmother money for the children's upkeep.


Akua is requesting a loan to buy a bulk supply of apples to meet the daily demand of her customers. She deems it an opportunity to increase her savings so that she can always have money to supplement her business and support her children.



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Journal entries for Akua


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

Thank you for your loan. It has been disbursed to Akua 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 28, 2009
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Kiva Help Repayment Schedule for Akua

  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