Akosua Gyamfuaa


Status: Paid Back

$575.00   Loan Request
$575.00   Paid Back

About the Entrepreneur

Name: Akosua Gyamfuaa
Location: Obuasi, Ghana
Activity: Grocery Store

About the Loan

Loan Amount: $575.00
Loan Use: To buy more bags of rice, bags of sugar, cartons of vegetable oil, boxes of body and hair creams, etc
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 25, 2008
Date Disbursed: Jul 13, 2008
Date Funded:Jun 29, 2008
Loan Ended:Apr 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.0856 GHS = 1 USD



Akosua is 37 and has been operating a grocery shop for the past 20 years. She is married with a single child, who is currently in school. Her experience in trading has made her one of the most successful traders. She sells items like rice, sugar, vegetable oil, bottled water, body and hair creams, skimmed powdered milk, etc. She deems it a big opportunity to expand her business to include other items frequently demanded by customers. She wants to use the loan to buy more bags of rice, bags of sugar, cartons of vegetable oil, boxes of body and hair creams, etc to increase her stock of goods available for sale. Akosua belongs to the community group called Blessing Trust Group. In this group, members guarantee for one another as a form of social collateral to access loans and provide peer pressure to repay the loans. Akosua's photograph was taken during her group meeting. She is the one in green apparel.

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Journal entries for Akosua Gyamfuaa


Loan has been disbursed
 
Entrepreneur: Akosua Gyamfuaa
Location: Obuasi, Ghana

Thank you for your loan. It has been disbursed to Akosua Gyamfuaa by Sinapi Aba Trust (SAT) in Ghana. We are excited to watch this business grow. Over the next 8 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 13, 2008
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Kiva Help Repayment Schedule for Akosua Gyamfuaa

  Expected Repayments Actual Repayments Comments
October 2008 $71.88 $72.00 Repayment Received
November 2008 $71.88 $72.00 Repayment Received
December 2008 $71.88 $72.00 Repayment Received
January 2009 $71.88 $71.50 Repayment Received
February 2009 $71.88 $71.88 Repayment Received
March 2009 $71.88 $71.88 Repayment Received
April 2009 $71.88 $71.88 Repayment Received
May 2009 $71.84 $71.86 Repayment Received