Ramatu


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: Ramatu
Location: Ejura, Ghana
Activity: Cereals

About the Loan

Loan Amount: $850.00
Loan Use: To buy cereals in bulk
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 27, 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



Ramatu is twenty-eight years old. She is married and has given birth to four children, all enrolled in school. She lives with her children and husband in a rented apartment in a busy commercial town called Ejura in the Ashanti region of Ghana.



Ramatu works to help her husband financially to provide for the family. She sells all kinds of cereals such as maize, beans, groundnuts, etc. She procures the goods from nearby communities.



Ramatu sells at the local market to food vendors and retailers. She has been in business for fifteen years and wants a loan to procure goods in bulk. She is hopeful to give her children the best education she can afford.


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Journal entries for Ramatu


Loan has been disbursed
 
Entrepreneur: Ramatu
Location: Ejura, Ghana

Thank you for your loan. It has been disbursed to Ramatu 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 Ejura, Ghana
Oct 28, 2009
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Kiva Help Repayment Schedule for Ramatu

  Expected Repayments Actual Repayments Comments
February 2010 $141.67 Available Feb 1  
March 2010 $141.66 Available Mar 1  
April 2010 $141.67 Available Apr 1  
May 2010 $141.67 Available May 1  
June 2010 $141.66 Available Jun 1  
July 2010 $141.67 Available Jul 1