Rose Asibi


Status: Paid Back

$775.00   Loan Request
$775.00   Paid Back

About the Entrepreneur

Name: Rose Asibi
Location: Obuasi, Ghana
Activity: Grocery Store

About the Loan

Loan Amount: $775.00
Loan Use: To buy more groceries to sell in her store.
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 19, 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:1.0660 GHS = 1 USD



Rose is married with six children, all of whom are currently in school. There is a big market in Ghana for selling grocery products, such as vegetable oils, margarine, washing powder, peanut butter, assorted biscuits, candies, and toiletries. And Rose has been delighted to sell groceries for four years now.



With her previous loan, Rose was able to open a store on her own and no longer needs to sell in the hot sun. She wants to use this loan to buy more products to both increase her inventory and to avoid future price hikes. She is a member of the group called Friends. Members agree to guarantee for each other to repay the loan.



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Anonymous
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Journal entries for Rose Asibi


Loan has been disbursed
 
Entrepreneur: Rose Asibi
Location: Obuasi, Ghana

Thank you for your loan. It has been disbursed to Rose Asibi 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 4, 2008
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Kiva Help Repayment Schedule for Rose Asibi

  Expected Repayments Actual Repayments Comments
October 2008 $86.11 $87.00 Repayment Received
November 2008 $86.11 $87.00 Repayment Received
December 2008 $86.11 $87.00 Repayment Received
January 2009 $86.11 $83.44 Repayment Received
February 2009 $86.11 $86.11 Repayment Received
March 2009 $86.11 $86.11 Repayment Received
April 2009 $86.11 $86.11 Repayment Received
May 2009 $86.11 $86.11 Repayment Received
June 2009 $86.12 $86.12 Repayment Received