Matilda


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: Matilda
Location: Agona Sweduru, Ghana
Activity: Food Production/Sales

About the Loan

Loan Amount: $850.00
Loan Use: To purchase food ingredients
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 24, 2009
Date Disbursed: Oct 15, 2009
Date Funded:Oct 25, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4393 GHS = 1 USD



Matilda is fifty-two years old. She is married with two children who are currently schooling.


Matilda is a food vendor who sells fufu. Fufu is prepared from cassava and plantain, cooked and pounded together and taken with different kinds of soup. It is a very popular traditional food among the Ashanti tribe of the Ghanaian society. It is enjoyed either as lunch or supper.


Matilda wants to use this loan to buy more raw materials, like bags of maize, meat, fish, vegetables and firewood. She hopes to increase her income to support her children’s education.


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Journal entries for Matilda


Loan has been disbursed
 
Entrepreneur: Matilda
Location: Agona Sweduru, Ghana

Thank you for your loan. It has been disbursed to Matilda 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 Agona Sweduru, Ghana
Oct 26, 2009
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Kiva Help Repayment Schedule for Matilda

  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