Esther Twumwaah


Status: Paid Back

$450.00   Loan Request
$450.00   Paid Back

About the Entrepreneur

Name: Esther Twumwaah
Location: Goaso, Ghana
Activity: Charcoal Sales

About the Loan

Loan Amount: $450.00
Loan Use: Esther would like to buy a bulk supply of charcoal.
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



Esther Twumwaah is a 46 year old mother of two children who are schooling. She is very hard working and resourceful for her family. She trades in charcoal in her neighborhood. Charcoal is very popular source of energy for cooking in almost all Ghanaian traditional homes. Esther obtains her supply of charcoal from the surrounding villages of Sunyani, where she lives and retails them to her customers. She wants to use the loan to buy bulk supplies of charcoal to increase her inventory. She hopes the loan will enable her to increase her savings to pay her children's educational fees. 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.

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Journal entries for Esther Twumwaah


Loan has been disbursed
 
Entrepreneur: Esther Twumwaah
Location: Goaso, Ghana

Thank you for your loan. It has been disbursed to Esther Twumwaah 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 Esther Twumwaah

  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