Adwoa


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: Adwoa
Location: Mampong, Ghana
Activity: Cereals

About the Loan

Loan Amount: $700.00
Loan Use: To buy more bags of cereals like rice
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Nov 2, 2009
Date Disbursed: Oct 30, 2009
Date Funded:Nov 2, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4300 GHS = 1 USD



Adwoa is 65 years old, is married, and is a mother with six children. One of her kids is in school and the rest of the children are grownups.

To support her household, Adwoa buys and sells cereals like local maize in the community market to her loyal customers. She has been in business for seven years now. She says the selling of this product is very lucrative.

Adwoa takes delivery of stock from the farming communities. Therefore, she wants the loan to expand her inventory to enable her make a good income to support her family, especially for their education. She hopes to repay the loan on time so that she can access a new one.


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Journal entries for Adwoa


Loan has been disbursed
 
Entrepreneur: Adwoa
Location: Mampong, Ghana

Thank you for your loan. It has been disbursed to Adwoa 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 Mampong, Ghana
Nov 3, 2009
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Kiva Help Repayment Schedule for Adwoa

  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