Grace Zigah


Status: Paid Back

$475.00   Loan Request
$475.00   Paid Back

About the Entrepreneur

Name: Grace Zigah
Location: Takoradi, Ghana
Activity: Used Clothing

About the Loan

Loan Amount: $475.00
Loan Use: To buy more bales of used clothes with more variety.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 30, 2008
Date Disbursed: May 15, 2008
Date Funded:May 1, 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



Grace Zigah is a thirty-five year old trader. She is a wife and the mother of three children who are currently in school. She trades in used clothing comprising of children’s wear, shorts and shirts. Her business is on the very small scale due to capital inadequacy and she wants to use the loan to buy more bales of used clothes with more variety to increase her stock of goods. She believes this will fetch her more income to expand her business. She belongs to the community group called Shepherd Trust Group. Members guarantee for one another as social collateral to access the loan.

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Journal entries for Grace Zigah


Loan has been disbursed
 
Entrepreneur: Grace Zigah
Location: Takoradi, Ghana

Thank you for your loan. It has been disbursed to Grace Zigah 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 16, 2008
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Kiva Help Repayment Schedule for Grace Zigah

  Expected Repayments Actual Repayments Comments
August 2008 $79.17 $80.00 Repayment Received
September 2008 $79.17 $80.00 Repayment Received
October 2008 $79.17 $80.00 Repayment Received
November 2008 $79.17 $80.00 Repayment Received
December 2008 $79.17 $80.00 Repayment Received
January 2009 $79.15 $75.00 Repayment Received