Lukaia


Status: Paying Back

$700.00   Loan Amount
0% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Lukaia
Location: Dormaa, Ghana
Activity: Food Production/Sales

About the Loan

Loan Amount: $700.00
Loan Use: To buy more rice, vegetables, meat, and firewood etc.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 20, 2009
Date Disbursed: Oct 15, 2009
Date Funded:Oct 22, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4437 GHS = 1 USD



Lukaia is a 45-year-old woman. She is married and the mother of four children. All of her children are currently independent. She lives with her husband in a small village in the Brong Ahafo region of Ghana.

Lukaia sells rice and stew in the community where she lives. She started her operation about thirty years ago to take care of her entire family. Her food production is on a small scale because of inadequate funds to support her business.

She wants to use the loan to buy more meat, vegetables, and rice to increase her efficiency and enable her to produce her stew in larger quantities. She believes this will help expand her business and raise more income to support her family.

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Journal entries for Lukaia


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

Thank you for your loan. It has been disbursed to Lukaia 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 23, 2009
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Kiva Help Repayment Schedule for Lukaia

  Expected Repayments Actual Repayments Comments
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 $116.67 Available May 1  
June 2010 $116.65 Available Jun 1