Fawzia Bawa


Status: Paid Back

$800.00   Loan Request
$800.00   Paid Back

About the Entrepreneur

Name: Fawzia Bawa
Location: Tema, Ghana
Activity: Retail

About the Loan

Loan Amount: $800.00
Loan Use: To buy more cartons of baby foods, boxes of diapers, bags of rice and sugar.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 11, 2008
Date Disbursed: Apr 27, 2008
Date Funded:Apr 13, 2008
Loan Ended:Oct 29, 2008

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.0050 GHS = 1 USD



Fawzia is thirty-four years old and the mother of three children. The children are currently in school. She has a grocery store where she sells a variety of products, such as toiletries, baby foods, canned drinks, and pomades.

Fawzia wants to use her loan to buy more cartons of baby foods, boxes of diapers, and bags of rice and sugar

.

She is a member of the group called May Flower. Group members guarantee for each other as social collateral in repaying the loan.



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Lenders to this entrepreneur

Ariyanna
Minneapolis, MN
United States

Tomcat
www.kivafriends.org, Derby, Kansas
United States

Bobbu
Washington, DC
United States

Logan
Durango, CO
United States

Small Potatoes
KivaFriends.org, West Chicago, IL
United States

Howard & Jillian
Vence,
France

T&B
Waikoloa, HI
United States

Jan
Hamburg,
Germany

Anonymous
San Francisco, CA
United States

The Blair Family
London, London
United Kingdom

Margan
Oakland, CA
United States

Susan
Houston, TX
United States

Brent & Lydia
Hillsboro, OR
United States

stephanie
sydney, New South Wales
Australia

Mary Beth
Mystic, CT
United States

Sahil
Santa Clara, CA
United States

Carl
Abbotsford, British Columbia
Canada

Dan
Madison, WI
United States

Anonymous
Riverside, CA
United States

Elizabeth
Somerville, MA
United States

Cally & Company
Carmel, IN
United States

Charles McPhate
Chicago, IL
United States

Victoria
Castleton, NY
United States

Matt & Megan Wagner
Northfield, MN
United States



Journal entries for Fawzia Bawa


Loan has been disbursed
 
Entrepreneur: Fawzia Bawa
Location: Tema, Ghana

Thank you for your loan. It has been disbursed to Fawzia Bawa by Sinapi Aba Trust in Ghana. We are excited to watch this business grow. Over the next 6 months, Sinapi Aba Trust will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Tema, Ghana
Apr 28, 2008
Comment on this entry

Fawzia has come a long way.
 
Entrepreneur: Fawzia Bawa
Location: Tema, Ghana

When Fawzia was visited at her business premise to ascertain the level of progress. Shown by her facial expression, she was glad to narrate her success story. She took a loan of $800 to increase her working capital to buy additional stock of groceries. She has been able to purchase good stock of baby foods, canned drinks, pomade etc. to upgrade her inventory.

She says her profit margin has increase tremendously because customers now buy from her shop. Fawzia is in a better position to support her family now. Interestingly, she has been able to acquire a piece of land to start accommodation project for her family, thanks to the lenders, she added.

Fawzia has successfully completed repayment and wants to manage with her first loan for sometime before she takes another loan.

She is very grateful to all her lenders.


Posted by Frank Owusu-Boakye from Tema, Ghana
Jan 2, 2009
Comment on this entry

Kiva Help Repayment Schedule for Fawzia Bawa

  Expected Repayments Actual Repayments Comments
July 2008 $133.33 $134.00 Repayment Received
August 2008 $133.33 $134.00 Repayment Received
September 2008 $133.33 $134.00 Repayment Received
October 2008 $133.33 $134.00 Repayment Received
November 2008 $133.33 $134.00 Repayment Received
December 2008 $133.35 $130.00 Repayment Received