Isaac Lawrence Mensah


Status: Paid Back

$525.00   Loan Request
$525.00   Paid Back

About the Entrepreneur

Name: Isaac Lawrence Mensah
Location: Takoradi, Ghana
Activity: Manufacturing

About the Loan

Loan Amount: $525.00
Loan Use: To buy more stock of raw materials like base, salt, colour, and bottles.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 30, 2008
Date Disbursed: May 14, 2008
Date Funded:Apr 30, 2008
Loan Ended:Dec 16, 2008

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:0.9928 GHS = 1 USD



Isaac Lawrence Mensah is forty years old. He is married and the father of five children who are currently in school. Isaac is a manufacturer of liquid soap and has supplied his products to restaurants and canteen operators over the last year. His production is on a very small scale due to capital inadequacy. He wants to use the loan to buy more stock of raw materials like base, salt, colour, and bottles to expand his production and increase his income. His dream is to see his business grow bigger to allow him to better support his family’s basic needs and children’s educational needs. He belongs to the community group called Steadfast Trust Group. Members guarantee for one another as social collateral to access the loan.

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Lenders to this entrepreneur

James

Singapore

Diane R
KivaFriends.org, Santa Clara, CA
United States

Liz
Randolph, NJ
United States

Paul
Flossmoor, IL
United States

Jane
Marietta, GA
United States

Emily
Phoenix, AZ
United States

ASSOB
Sydney, NSW
Australia

Meredith
Scarsdale, NY
United States

Anonymous
Ottawa, Ontario
Canada

Anonymous
Decatur, GA
United States

Steve - KivaFriends.org
Niagara Falls, NY
United States

Jayesh
hyderabad, ap
India

Julie
Croton on Hudson, NY
United States

David
Richmond Hill, Ontario
Canada

Cheree & Aaron
Altoona, WI
United States



Journal entries for Isaac Lawrence Mensah


Loan has been disbursed
 
Entrepreneur: Isaac Lawrence Mensah
Location: Takoradi, Ghana

Thank you for your loan. It has been disbursed to Isaac Lawrence Mensah 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 Takoradi, Ghana
May 15, 2008
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Kiva Help Repayment Schedule for Isaac Lawrence Mensah

  Expected Repayments Actual Repayments Comments
August 2008 $87.50 $88.00 Repayment Received
September 2008 $87.50 $88.00 Repayment Received
October 2008 $87.50 $88.00 Repayment Received
November 2008 $87.50 $88.00 Repayment Received
December 2008 $87.50 $88.00 Repayment Received
January 2009 $87.50 $85.00 Repayment Received