Abena


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: Abena
Location: Dunkwa, Ghana
Activity: Food Market

About the Loan

Loan Amount: $700.00
Loan Use: To buy bulk stock of maize and cassava
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



Abena is 35 years old. She is married and the mother of four children. All her children are in school currently. She loves selling goods, the business through which she obtains her daily source of livelihood. She has been selling corn and cassava dough for the last two years to support her family.



Corn and cassava dough are favorite staple foods that supply carbohydrate components in diets. Abena takes delivery of stock from farmers who provide her with direct supply. This enables her to avoid intermediaries who buy from the farmers and resell to her at higher prices. With this loan, she wants to buy maize and cassava in bulk to serve her customers. She hopes to use part of her profit to support her business expansion and pay for the children's education.


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Journal entries for Abena


Loan has been disbursed
 
Entrepreneur: Abena
Location: Dunkwa, Ghana

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

  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