Augustina Ampong
Status: Paid Back
| $525.00 | Loan Request | |
|---|---|---|
| $525.00 | Paid Back |
About the Entrepreneur
| Name: | Augustina Ampong |
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| Location: | Obuasi, Ghana |
| Activity: | Food Production/Sales |
About the Loan
| Loan Amount: | $525.00 |
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| Loan Use: | To buy raw materials like maize, cassava, plantains, meat, fish, vegetables, and firewood. |
| Repayment Term: | 10 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Aug 17, 2008 |
| Date Disbursed: | Aug 31, 2008 |
| Date Funded: | Aug 17, 2008 |
| Loan Ended: | May 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Sinapi Aba Trust (SAT) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 24 months |
| Kiva Entrepreneurs: | 5558 |
| Total Loans: | $2,913,700 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Ghana |
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| Avg Annual Income: | $2,643.00 |
| Currency: | Ghana Cedis (GHS) |
| Exchange Rate: | 1.1668 GHS = 1 USD |
Augustina operates a small restaurant and sells local foods like "fufu" and "banku". Fufu is prepared from pounded cassava and plantain, eaten with soup. Banku is prepared from milled maize grains and it is eaten with hot pepper or soup. She says prices of raw materials have gone up significantly and she is no longer able to meet her production expenditure. She needs this loan to enable her to inject additional capital into the business to scale up production and maintain quality.
Augustina wants to use this loan to buy more raw materials like bags of maize, baskets of cassava, plantains, meat, fish, vegetables, and firewood. Augustina is a member of a group called "Adekyensroma" Trust Group. In this group, members guarantee the loan and provide support to one another in repaying the loan.
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Journal entries for Augustina Ampong
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Loan has been disbursed
Location: Obuasi, Ghana
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Posted by
from Obuasi, Ghana
Sep 1, 2008 |
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Comment on this entry
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Repayment Schedule for Augustina Ampong
Repayment Schedule for Augustina Ampong
| Expected Repayments | Actual Repayments | Comments | |||
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| November 2008 | $65.62 | $0.00 |  Repayment Received
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| December 2008 | $65.62 | $66.00 | Repayment Received
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| January 2009 | $65.62 | $130.87 | Repayment Received
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| February 2009 | $65.62 | $65.63 | Repayment Received
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| March 2009 | $65.62 | $65.63 | Repayment Received
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| April 2009 | $65.62 | $65.63 | Repayment Received
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| May 2009 | $65.62 | $65.63 | Repayment Received
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| June 2009 | $65.66 | $65.61 | Repayment Received
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