Ajaratu
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: | Ajaratu |
|---|---|
| Location: | Ejura, Ghana |
| Activity: | Food Production/Sales |
About the Loan
| Loan Amount: | $700.00 |
|---|---|
| Loan Use: | To buy more ingredients for making waakye |
| 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 29, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Sinapi Aba Trust (SAT) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 24 months |
| Kiva Entrepreneurs: | 5558 |
| Total Loans: | $2,913,700 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Ghana |
|---|---|
| Avg Annual Income: | $2,643.00 |
| Currency: | Ghana Cedis (GHS) |
| Exchange Rate: | 1.4350 GHS = 1 USD |
Ajaratu is a 52-year-old woman. She is married and is the mother of six children. Three are currently in school and the rest are working.
Ajaratu is a food vendor and serves food like waakye. Waakye is prepared from local rice mixed with beans. Many Ghanaians enjoy it as it has local taste and is a standard. She has been in food production for 35 years now in taking care of the family.
Ajaratu says demand for food is on the higher side but she does not have adequate funds for expansion. She wants to use the loan to buy meat and rice to increase her efficiency by producing in larger quantities. She believes this will help expand her business to raise more income to support her children’s educational needs. She would be grateful for the assistance.
Ajaratu is a food vendor and serves food like waakye. Waakye is prepared from local rice mixed with beans. Many Ghanaians enjoy it as it has local taste and is a standard. She has been in food production for 35 years now in taking care of the family.
Ajaratu says demand for food is on the higher side but she does not have adequate funds for expansion. She wants to use the loan to buy meat and rice to increase her efficiency by producing in larger quantities. She believes this will help expand her business to raise more income to support her children’s educational needs. She would be grateful for the assistance.
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Journal entries for Ajaratu
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Loan has been disbursed
Location: Ejura, Ghana
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Posted by
from Ejura, Ghana
Oct 30, 2009 |
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Comment on this entry
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Repayment Schedule for Ajaratu
Repayment Schedule for Ajaratu
| 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 | |||
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