Veronica


Status: Paying Back

$425.00   Loan Amount
0% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $425.00
Loan Use: To buy food ingredients like rice, milk, and sugar
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 25, 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:1.4400 GHS = 1 USD



On top of being an entrepreneur, Veronica, age 40, takes care of her five children. Her children are all currently in school. She wants to make sure that she is financially able to support all of her children in receiving a quality education. She lives with her family in a rented apartment. Veronica is a food vendor and sells rice porridge to support her family. She has been in business for four years now. She will be adding soft drinks and meat pie to her business to supplement her income. Her food is highly patronized by people in her community, especially by school kids at breakfast. She is expecting higher profits, if she receives her loan. She believes in hard work, and your support really matters to her business progress.

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Journal entries for Veronica


Loan has been disbursed
 
Entrepreneur: Veronica
Location: Mampong, Ghana

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

  Expected Repayments Actual Repayments Comments
January 2010 $70.83 Available Jan 1  
February 2010 $70.84 Available Feb 1  
March 2010 $70.83 Available Mar 1  
April 2010 $70.83 Available Apr 1  
May 2010 $70.84 Available May 1  
June 2010 $70.83 Available Jun 1