Grace


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: Grace
Location: Agona Sweduru, Ghana
Activity: Grocery Store

About the Loan

Loan Amount: $425.00
Loan Use: To purchase assorted groceries 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 Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4400 GHS = 1 USD



Grace is fifty one years old. She is divorced and has four children. Currently, all her children are in school. She owns and operates a grocery shop and sells items like rice, evaporated milk, canned foods and drinks, and assorted cooking oils. She wants to use the loan to buy an increased stock of rice, canned foods and drinks, milk, and other items to expand her business. She believes that with increased income, she will be more capacitated to finance her children’s education and to provide them with life opportunities that are better than what she has had.

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Journal entries for Grace


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

Thank you for your loan. It has been disbursed to Grace 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 Grace

  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