Elizabeth Acquah


Status: Paid Back

$675.00   Loan Request
$675.00   Paid Back

About the Entrepreneur

Name: Elizabeth Acquah
Location: Obuasi, Ghana
Activity: Food Market

About the Loan

Loan Amount: $675.00
Loan Use: To purchase bags of gari (milled and fried cassava), maize and cocoyam
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 20, 2008
Date Disbursed: Jul 4, 2008
Date Funded:Jun 20, 2008
Loan Ended:May 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.0677 GHS = 1 USD



Elizabeth is married with four children. All of her children are currently in school. She treks to the nearby villages to buy foodstuffs like gari (milled and fried cassava), maize and cocoyams and then retails them in the local market. Due to an inadequate supply of foodstuffs, there is high demand in the market that has created a good business environment for Elizabeth. Unfortunately, high transport costs do not allow Elizabeth to purchase in large quantities. Elizabeth would like to use the loan to buy more foodstuffs to increase her inventory. She is a member of the group Humbleness. Members agree to guarantee for each other to repay the loan.

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Journal entries for Elizabeth Acquah


Loan has been disbursed
 
Entrepreneur: Elizabeth Acquah
Location: Obuasi, Ghana

Thank you for your loan. It has been disbursed to Elizabeth Acquah by Sinapi Aba Trust (SAT) in Ghana. We are excited to watch this business grow. Over the next 9 months, Sinapi Aba Trust (SAT) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Obuasi, Ghana
Jul 5, 2008
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Kiva Help Repayment Schedule for Elizabeth Acquah

  Expected Repayments Actual Repayments Comments
October 2008 $75.00 $75.00 Repayment Received
November 2008 $75.00 $75.00 Repayment Received
December 2008 $75.00 $75.00 Repayment Received
January 2009 $75.00 $75.00 Repayment Received
February 2009 $75.00 $75.00 Repayment Received
March 2009 $75.00 $75.00 Repayment Received
April 2009 $75.00 $75.00 Repayment Received
May 2009 $75.00 $75.00 Repayment Received
June 2009 $75.00 $75.00 Repayment Received