Veronica
Status: Paying Back
| $625.00 | Loan Amount |
|---|
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Veronica |
|---|---|
| Location: | Mampong, Ghana |
| Activity: | Food Market |
About the Loan
| Loan Amount: | $625.00 |
|---|---|
| Loan Use: | To buy palm oil in bulk. |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 25, 2009 |
| Date Disbursed: | Oct 16, 2009 |
| Date Funded: | Oct 25, 2009 |
About the Field Partner
About the Field Partner
|
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| Field Partner: | Sinapi Aba Trust (SAT) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 24 months |
| Kiva Entrepreneurs: | 5521 |
| Total Loans: | $2,890,550 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Ghana |
|---|---|
| Avg Annual Income: | $2,643.00 |
| Currency: | Ghana Cedis (GHS) |
| Exchange Rate: | 1.4400 GHS = 1 USD |
She buys the palm oil from the local manufacturers in towns and villages and resells it to city dwellers. Palm oil is a local vegetable oil produced from palm fruits which have been cooked, pounded, sieved and boiled for hours. The reddish substance (the oil) is skimmed off and reboiled to expel water content. Victoria desires to use the loan to expand her business by buying the palm oil in bulk to be able to supply it to more customers and improve her finances.
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Journal entries for Veronica
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Loan has been disbursed
Location: Mampong, Ghana
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Posted by
from Mampong, Ghana
Oct 26, 2009 |
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Comment on this entry
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Repayment Schedule for Veronica
Repayment Schedule for Veronica
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $104.17 | Available Jan 1 | |||
| February 2010 | $104.16 | Available Feb 1 | |||
| March 2010 | $104.17 | Available Mar 1 | |||
| April 2010 | $104.17 | Available Apr 1 | |||
| May 2010 | $104.16 | Available May 1 | |||
| June 2010 | $104.17 | Available Jun 1 | |||
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