Grace


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: Grace
Location: Dormaa, Ghana
Activity: Food Production/Sales

About the Loan

Loan Amount: $700.00
Loan Use: To buy food items like cabbage, tomatoes, onions, pepper and cassava etc.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 26, 2009
Date Disbursed: Oct 22, 2009
Date Funded:Oct 27, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4371 GHS = 1 USD



Grace is 58 years old. She is widowed and the mother of six children. Two of her children are in school. She always works hard to meet her target. By doing that, she has acquired lots of marketing and selling experience. She is a food vendor and prepares ‘Akyeke’ in front of her house. Akyeke is a local food with its origin from Cote’ de l‘voire in the west Africa region. Grace is the first to start Akyeke preparation in her community, which has seen high patronage. It is prepared from cassava and goes through many processes. With her 25 years of experience, she requests a loan to buy stock such as tomatoes, onions, pepper, cassava etc. She takes delivery of goods from the surrounding villages to prepare her food. She would be grateful for your assistance.

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Journal entries for Grace


Loan has been disbursed
 
Entrepreneur: Grace
Location: Dormaa, 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 Dormaa, Ghana
Oct 28, 2009
Comment on this entry

Kiva Help Repayment Schedule for Grace

  Expected Repayments Actual Repayments Comments
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 $116.67 Available Jun 1  
July 2010 $116.65 Available Jul 1