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: Ejura, Ghana
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $700.00
Loan Use: To buy yam
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



Abena has been selling tubers of yam for eight years now to support her family. She treks to farming communities to buy her stock of yam from the farmers. This saves her from intermediaries who buy from the farmers and resell at higher price. She enjoys selling goods – her way of making a living.


Abena is 35 years old. She is a wife and the mother of four children. Currently, three are in school. She wants to use this loan to buy yam in bulk to meet the daily demands of her customers as Christmas festivities approach. She hopes to use part of her profit to support her kids in school and to expand her business to the desired level.


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Journal entries for Abena


Loan has been disbursed
 
Entrepreneur: Abena
Location: Ejura, 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 Ejura, Ghana
Oct 30, 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