Sarah Nartey


Status: Paid Back

$325.00   Loan Request
$325.00   Paid Back

About the Entrepreneur

Name: Sarah Nartey
Location: Goaso, Ghana
Activity: Used Clothing

About the Loan

Loan Amount: $325.00
Loan Use: To buy more bales of used clothing
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 14, 2008
Date Disbursed: May 29, 2008
Date Funded:May 15, 2008
Loan Ended:Feb 15, 2009

About the Country

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



Sarah is married and she has two children. She has been selling used clothing and cloth in her village for 4 years now. She wants to use her loan to buy more bales of used clothing to increase her inventory and sales and also to avoid price hikes in the product. She hopes this loan will help her to start saving for her children’s education and future. She is a member of the group called Paul Amantem. Members agree to guarantee for each other as social collateral to repay the loan.

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Journal entries for Sarah Nartey


Loan has been disbursed
 
Entrepreneur: Sarah Nartey
Location: Goaso, Ghana

Thank you for your loan. It has been disbursed to Sarah Nartey by Sinapi Aba Trust in Ghana. We are excited to watch this business grow. Over the next 8 months, Sinapi Aba Trust will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Goaso, Ghana
May 30, 2008
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Kiva Help Repayment Schedule for Sarah Nartey

  Expected Repayments Actual Repayments Comments
August 2008 $40.62 $41.00 Repayment Received
September 2008 $40.62 $41.00 Repayment Received
October 2008 $40.62 $41.00 Repayment Received
November 2008 $40.62 $41.00 Repayment Received
December 2008 $40.62 $40.00 Repayment Received
January 2009 $40.62 $39.74 Repayment Received
February 2009 $40.62 $40.62 Repayment Received
March 2009 $40.66 $40.64 Repayment Received