Perpetual Frimpong


Status: Paid Back

$900.00   Loan Request
$900.00   Paid Back

About the Entrepreneur

Name: Perpetual Frimpong
Location: Koforidua, Ghana
Activity: Food Market

About the Loan

Loan Amount: $900.00
Loan Use: To buy more stock of beans, groundnuts, millet, wheat, soya beans and eggs.
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 6, 2008
Date Disbursed: Jul 21, 2008
Date Funded:Jul 7, 2008
Loan Ended:Jun 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.1121 GHS = 1 USD



Perpetual is 32 years old, married, and has four children. All of her children are currently attending school. Perpetual works as a trader who sells beans, groundnuts, millet, wheat, soya bean, and eggs. However, she believes that with increased capital, she can expand her business even further. Perpetual would use the loan to improve her business and help sustain her children’s education.


Perpetual also belongs to the King Jesus Trust Group, where members support one another in handling and repaying loans.


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Journal entries for Perpetual Frimpong


Loan has been disbursed
 
Entrepreneur: Perpetual Frimpong
Location: Koforidua, Ghana

Thank you for your loan. It has been disbursed to Perpetual Frimpong by Sinapi Aba Trust (SAT) in Ghana. We are excited to watch this business grow. Over the next 10 months, Sinapi Aba Trust (SAT) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Koforidua, Ghana
Jul 22, 2008
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Kiva Help Repayment Schedule for Perpetual Frimpong

  Expected Repayments Actual Repayments Comments
October 2008 $90.00 $90.00 Repayment Received
November 2008 $90.00 $90.00 Repayment Received
December 2008 $90.00 $90.00 Repayment Received
January 2009 $90.00 $90.00 Repayment Received
February 2009 $90.00 $90.00 Repayment Received
March 2009 $90.00 $90.00 Repayment Received
April 2009 $90.00 $90.00 Repayment Received
May 2009 $90.00 $90.00 Repayment Received
June 2009 $90.00 $90.00 Repayment Received
July 2009 $90.00 $90.00 Repayment Received