Dorothy


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: Dorothy
Location: Dunkwa, Ghana
Activity: Food Market

About the Loan

Loan Amount: $700.00
Loan Use: To buy goods in bulk.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 28, 2009
Date Disbursed: Oct 22, 2009
Date Funded:Oct 28, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4350 GHS = 1 USD



Dorothy is a 35 year-old widow who lives alone. She sells food items such as beans, maize and groundnut. She has been in this business for four years and makes her living from the business profits. She buys her goods from Techiman in the Brong Ahafo region of Ghana and sells at the market square. She would like a loan to increase her working capital so that her dream of buying goods in bulk can be achieved. In this way, she can supply a larger number of customers increasing her market size and therefore her profit margin.

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Journal entries for Dorothy


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

Thank you for your loan. It has been disbursed to Dorothy 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 29, 2009
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Kiva Help Repayment Schedule for Dorothy

  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