Lucy Afful
Status: Paid Back
| $800.00 | Loan Request | |
|---|---|---|
| $800.00 | Paid Back |
About the Entrepreneur
| Name: | Lucy Afful |
|---|---|
| Location: | Cape Coast, Ghana |
| Activity: | Clothing Sales |
About the Loan
| Loan Amount: | $800.00 |
|---|---|
| Loan Use: | To buy more bales of babies’ clothes and lingerie. |
| Repayment Term: | 10 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 5, 2008 |
| Date Disbursed: | Jun 26, 2008 |
| Date Funded: | Jun 12, 2008 |
| Loan Ended: | Mar 16, 2009 |
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: | 5558 |
| Total Loans: | $2,913,700 |
| 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: | 1.0193 GHS = 1 USD |
Babies’ clothes have a high demand from women and this has created a more profitable market for sellers. Lucy wants to use the loan to buy more babies’ products like clothes, pomade, soaps, Pampers, diapers and so on, and also to buy lingerie to increase her inventory and sales.
She is a member of the group called Sons of God. Members agree in principle to guarantee for each other to repay the loan.
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Journal entries for Lucy Afful
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Loan has been disbursed
Location: Cape Coast, Ghana
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Posted by
from Cape Coast, Ghana
Jun 26, 2008 |
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Comment on this entry
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Repayment Schedule for Lucy Afful
Repayment Schedule for Lucy Afful
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| September 2008 | $100.00 | $100.00 |  Repayment Received
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| October 2008 | $100.00 | $100.00 | Repayment Received
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| November 2008 | $100.00 | $100.00 | Repayment Received
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| December 2008 | $100.00 | $100.00 | Repayment Received
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| January 2009 | $100.00 | $100.00 | Repayment Received
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| February 2009 | $100.00 | $100.00 | Repayment Received
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| March 2009 | $100.00 | $100.00 | Repayment Received
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| April 2009 | $100.00 | $100.00 | Repayment Received
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