Faustina


Status: Paying Back

$850.00   Loan Amount
0% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $850.00
Loan Use: To buy supplies in bulk
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 12, 2009
Date Disbursed: Oct 2, 2009
Date Funded:Oct 13, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4446 GHS = 1 USD



Faustina is thirty-two years old. She is married and has two children, both in school. She lives with her husband and children in a rented apartment in a town called Dormaa in the Brong Ahafo Region of Ghana. Dormaa is a commercial and farming town. Faustina is a baker. She bakes bread and supplies to other retailers and beverage sellers in her community. She buys bags of flour and other ingredients from Kumasi. Faustina hawks items in her community. She has been in business for seven years and wants a loan to buy flour and other ingredients in bulk to expand her business.


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Journal entries for Faustina


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

Thank you for your loan. It has been disbursed to faustina 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 14, 2009
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Kiva Help Repayment Schedule for Faustina

  Expected Repayments Actual Repayments Comments
January 2010 $141.67 Available Jan 1  
February 2010 $141.66 Available Feb 1  
March 2010 $141.67 Available Mar 1  
April 2010 $141.67 Available Apr 1  
May 2010 $141.66 Available May 1  
June 2010 $141.67 Available Jun 1