James Donkor


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

Name: James Donkor
Location: Mankessim, Ghana
Activity: Shoe Sales

About the Loan

Loan Amount: $500.00
Loan Use: To buy more ladies’ slippers and men’s shoes
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 30, 2008
Date Disbursed: Jun 15, 2008
Date Funded:Jun 1, 2008
Loan Ended:Mar 16, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.0176 GHS = 1 USD



James is a Sunday school teacher and also he sells ladies’ slippers and men’s shoes in the local market to earn a living. He is 27-years old and not married. He will use the loan to buy more slippers and shoes to expand his inventory. By working hard and with the help of this loan, he will be able to save money he needs to propel him to his desired dreams. He is a member of the group called “Adom Mmrodo” meaning Abundant Grace. Members agree to guarantee for each other to repay the loan.

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Journal entries for James Donkor


Loan has been disbursed
 
Entrepreneur: James Donkor
Location: Mankessim, Ghana

Thank you for your loan. It has been disbursed to James Donkor 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 Mankessim, Ghana
Jun 16, 2008
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Kiva Help Repayment Schedule for James Donkor

  Expected Repayments Actual Repayments Comments
September 2008 $62.50 $63.00 Repayment Received
October 2008 $62.50 $63.00 Repayment Received
November 2008 $62.50 $63.00 Repayment Received
December 2008 $62.50 $63.00 Repayment Received
January 2009 $62.50 $60.50 Repayment Received
February 2009 $62.50 $62.50 Repayment Received
March 2009 $62.50 $62.50 Repayment Received
April 2009 $62.50 $62.50 Repayment Received