Kwadwo Asibuo


Status: Paid Back

$450.00   Loan Request
$450.00   Paid Back

About the Entrepreneur

Name: Kwadwo Asibuo
Location: Goaso, Ghana
Activity: Farm Supplies

About the Loan

Loan Amount: $450.00
Loan Use: To buy increased supplies of herbicides, fertilizers, pesticides and spraying machines
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 28, 2008
Date Disbursed: Sep 12, 2008
Date Funded:Aug 29, 2008
Loan Ended:Jun 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.1505 GHS = 1 USD



Kwadwo is a 28-year-old man. He is married with three children who are currently in school. He is an agrochemical seller and sells herbicides, fertilizers, pesticides, and spraying machines to the local farmers. Many local farmers patronize his business because it is now the season during which most farmers are actively planting their crops. He wants to use the loan to buy increased supplies to serve the needs of his customers. He hopes to earn enough money to sponsor his kids' education. Kwadwo is a member of a group called 'Nyame do' Trust Group. In this group, members guarantee and provide support to one another to repay the loan.

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Journal entries for Kwadwo Asibuo


Loan has been disbursed
 
Entrepreneur: Kwadwo Asibuo
Location: Goaso, Ghana

Thank you for your loan. It has been disbursed to Kwadwo Asibuo 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 Goaso, Ghana
Sep 12, 2008
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Kiva Help Repayment Schedule for Kwadwo Asibuo

  Expected Repayments Actual Repayments Comments
December 2008 $56.25 $57.00 Repayment Received
January 2009 $56.25 $55.50 Repayment Received
February 2009 $56.25 $56.25 Repayment Received
March 2009 $56.25 $56.25 Repayment Received
April 2009 $56.25 $56.25 Repayment Received
May 2009 $56.25 $56.25 Repayment Received
June 2009 $56.25 $56.25 Repayment Received
July 2009 $56.25 $56.25 Repayment Received