Alice Nkrumah
Status: Paid Back
| $325.00 | Loan Request | |
|---|---|---|
| $325.00 | Paid Back |
About the Entrepreneur
| Name: | Alice Nkrumah |
|---|---|
| Location: | Mampong, Ghana |
| Activity: | Bakery |
About the Loan
| Loan Amount: | $325.00 |
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| Loan Use: | To buy more bags of pastry flour and gallons of vegetable oil |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Apr 22, 2008 |
| Date Disbursed: | May 6, 2008 |
| Date Funded: | Apr 22, 2008 |
| Loan Ended: | Dec 16, 2008 |
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: | 5502 |
| Total Loans: | $2,878,850 |
| 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: | 0.9928 GHS = 1 USD |
Alice Nkrumah is forty years old and a mother of four children. Two of her children are in school. She prepares pastries which she sells to school children. Through this business, she has been able to send two out of the four children to school. She wants to use the new loan to buy more flour and oil to expand her operation so she can sell to more school children. She is a member of the group called Eagle. Eagle members agree to guarantee for each other as social collateral to repay the loan.
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Journal entries for Alice Nkrumah
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Loan has been disbursed
Location: Mampong, Ghana
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Posted by
from Mampong, Ghana
May 7, 2008 |
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Comments (2)
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Repayment Schedule for Alice Nkrumah
Repayment Schedule for Alice Nkrumah
| Expected Repayments | Actual Repayments | Comments | |||
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| August 2008 | $54.17 | $55.00 |  Repayment Received
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| September 2008 | $54.17 | $55.00 | Repayment Received
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| October 2008 | $54.17 | $55.00 | Repayment Received
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| November 2008 | $54.17 | $55.00 | Repayment Received
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| December 2008 | $54.17 | $55.00 | Repayment Received
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| January 2009 | $54.15 | $50.00 | Repayment Received
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