Emelia


Status: Paying Back

$575.00   Loan Amount
0% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Emelia
Location: Dormaa, Ghana
Activity: Bakery

About the Loan

Loan Amount: $575.00
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: Oct 9, 2009
Date Disbursed: Oct 2, 2009
Date Funded:Oct 9, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4447 GHS = 1 USD



Emelia is 35 years old woman who is divorced with two children. One of her children is currently in school. She is a very hardworking young woman who is a hight achiever. Emelia bakes bread and supply to her loyal customers. For the past sixteen years, she has been baking bread and other food pastries while taking care of her household. In spite of the challenges she faces she manages to handle the demands of her customers and successfully meet their requests on time. Her only problem now has to do with adequate funds to buy raw materials as prices are shooting up. She is requesting a loan to remain in business. With the loan she believes she can provide for her family and most especially her children’s educations and her business’ growth.

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Journal entries for Emelia


Loan has been disbursed
 
Entrepreneur: Emelia
Location: Dormaa, Ghana

Thank you for your loan. It has been disbursed to Emelia 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 Dormaa, Ghana
Oct 10, 2009
Comment on this entry

Kiva Help Repayment Schedule for Emelia

  Expected Repayments Actual Repayments Comments
January 2010 $95.83 Available Jan 1  
February 2010 $95.83 Available Feb 1  
March 2010 $95.83 Available Mar 1  
April 2010 $95.83 Available Apr 1  
May 2010 $95.83 Available May 1  
June 2010 $95.85 Available Jun 1