Mary Katahila


Status: Paid Back

$925.00   Loan Request
$925.00   Paid Back

About the Entrepreneur

Name: Mary Katahila
Location: Koforidua, Ghana
Activity: Food Market

About the Loan

Loan Amount: $925.00
Loan Use: To purchase rice, sugar and vegetable oil for sale.
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 14, 2008
Date Disbursed: Jul 29, 2008
Date Funded:Jul 15, 2008
Loan Ended:Apr 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.1067 GHS = 1 USD



Mary has been trading in the market for the past ten years. She is divorced with two children. Mary enjoys selling and is motivated to work hard because she dreams of a better future for her children. She trades onion, ginger and eggs. She wants to use the loan to buy and then sell rice, sugar and vegetable oil. She hopes to use part of her profits to support her children in school. She belongs to the community group called ‘Living Faith Trust Group’. In this group, members guarantee one another as social collateral and provide peer pressure to repay loans.

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Roy W.
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Anonymous
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Anonymous
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Journal entries for Mary Katahila


Loan has been disbursed
 
Entrepreneur: Mary Katahila
Location: Koforidua, Ghana

Thank you for your loan. It has been disbursed to Mary Katahila 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 Koforidua, Ghana
Jul 29, 2008
Comment on this entry

Mary is very grateful to her lenders.
 
Entrepreneur: Mary Katahila
Location: Koforidua, Ghana

In the words of Mary Katahila “I have been looking forward to increase my working capital so I can procure more goods and increase my profit. Thanks to the hands that supports low level and medium income earners. I have been able to realize this dream”. She is happy and thankful for the support. She has been able to purchase more stock of eggs, vegetable oil and added the sale of onions. This year, she is praying for a more favorable business atmosphere, to enable her to make more profit and also be able to support her children in school. Currently, one of her two kids has completed senior high school and planning to pursue higher education in the university this year with her mother’s support.

She is still hopeful of making bigger economic gains. She took an amount of $925 and has been making timely repayments. She says, many thanks to her lenders and prays for God’s favor and blessings for them.


Posted by Frank Owusu-Boakye from Koforidua, Ghana
Jan 23, 2009
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Kiva Help Repayment Schedule for Mary Katahila

  Expected Repayments Actual Repayments Comments
October 2008 $115.62 $116.00 Repayment Received
November 2008 $115.62 $116.00 Repayment Received
December 2008 $115.62 $115.00 Repayment Received
January 2009 $115.62 $115.50 Repayment Received
February 2009 $115.62 $115.63 Repayment Received
March 2009 $115.62 $115.63 Repayment Received
April 2009 $115.62 $115.63 Repayment Received
May 2009 $115.66 $115.61 Repayment Received