Charlotte Owusu


Status: Paid Back

$700.00   Loan Request
$700.00   Paid Back

About the Entrepreneur

Name: Charlotte Owusu
Location: Obuasi, Ghana
Activity: Food Production/Sales

About the Loan

Loan Amount: $700.00
Loan Use: To buy more raw materials like bags of maize, meat, fish, vegetables, and firewood.
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 18, 2008
Date Disbursed: Sep 1, 2008
Date Funded:Aug 18, 2008
Loan Ended:Jun 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.1571 GHS = 1 USD



Charlotte is 38 years old. She is a wife and mother of three children. Through her business, Charlotte has supported one of her children to finish senior high school, and the others are currently in school. She is a food vendor and sells 'kenkey' as well as maize.



Kenkey is prepared from milled maize grains, cooked and eaten with hot pepper and fried fish. Charlotte has many customers since many Ghanaians enjoy kenkey at breakfast, lunch, and supper. She wants to use the loan to buy more raw materials such as bags of maize, meat, fish, vegetables, and also firewood.



Charlotte hopes to increase her savings to pay for her children's education. She belongs to the community group called St. Paul's Trust Group. In this group, members guarantee and support one another to repay their loans.



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Journal entries for Charlotte Owusu


Loan has been disbursed
 
Entrepreneur: Charlotte Owusu
Location: Obuasi, Ghana

Thank you for your loan. It has been disbursed to Charlotte Owusu 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
Sep 1, 2008
Comments (1)

Kiva Help Repayment Schedule for Charlotte Owusu

  Expected Repayments Actual Repayments Comments
December 2008 $87.50 $88.00 Repayment Received
January 2009 $87.50 $87.00 Repayment Received
February 2009 $87.50 $87.50 Repayment Received
March 2009 $87.50 $87.50 Repayment Received
April 2009 $87.50 $87.50 Repayment Received
May 2009 $87.50 $87.50 Repayment Received
June 2009 $87.50 $87.50 Repayment Received
July 2009 $87.50 $87.50 Repayment Received