Akua


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: Akua
Location: Ejura, Ghana
Activity: Food Production/Sales

About the Loan

Loan Amount: $700.00
Loan Use: To buy ingredients for making doughnuts
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 Country

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



Akua is married and is a mother with ten children. She is 50 years old and currently living with her family. She is a very hardworking woman and is committed to her work.

Akua prepares and sells doughnuts in her neighborhood. They are prepared from flour and her pastry doughnuts are mostly purchased by the schoolchildren. She sometimes sells the rest through hawking (going door-to-door).

Akua treks to Kumasi to purchase her stock of goods. She requests the loan to buy flour, sugar, margarine, etc., to upgrade her inventory. She would be grateful for your assistance.


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Journal entries for Akua


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

Thank you for your loan. It has been disbursed to Akua 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
Nov 5, 2009
Comment on this entry

Kiva Help Repayment Schedule for Akua

  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