Margaret Tetteh


Status: Paid Back

$625.00   Loan Request
$625.00   Paid Back

About the Entrepreneur

Name: Margaret Tetteh
Location: Goaso, Ghana
Activity: Grocery Store

About the Loan

Loan Amount: $625.00
Loan Use: Margaret would like to buy more bags of rice and sugar, cartons of evaporated milk, cartons of vegetable oil etc. for her small grocery shop.
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 4, 2008
Date Disbursed: Sep 18, 2008
Date Funded:Sep 4, 2008
Loan Ended:Jun 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.1582 GHS = 1 USD



Margaret Tetteh is 36 years old and married with two kids. She runs a grocery shop in her neighborhood and sells items like rice, sugar, vegetable oil, bottled water, canned foods, peanuts, evaporated milk, etc. She needs the loan to enable her to re-stock her shop with more bags of rice and sugar, cartons of evaporated milk, cartons of vegetable oil etc to scale up sales. She is hopeful that she will be able to raise enough income to sponsor her kids' education. She belongs to the community group called Proverb Trust Group. In this group, members guarantee for one another as social collateral to repay the loan. Her photograph was taken when her group was having a meeting. She would be thankful for that support.

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Journal entries for Margaret Tetteh


Loan has been disbursed
 
Entrepreneur: Margaret Tetteh
Location: Goaso, Ghana

Thank you for your loan. It has been disbursed to Margaret Tetteh 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 18, 2008
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Kiva Help Repayment Schedule for Margaret Tetteh

  Expected Repayments Actual Repayments Comments
December 2008 $78.12 $79.00 Repayment Received
January 2009 $78.12 $77.25 Repayment Received
February 2009 $78.12 $78.12 Repayment Received
March 2009 $78.12 $78.12 Repayment Received
April 2009 $78.12 $78.12 Repayment Received
May 2009 $78.12 $78.13 Repayment Received
June 2009 $78.12 $78.12 Repayment Received
July 2009 $78.16 $78.14 Repayment Received