Kofi Owusu
Status: Paid Back
| $700.00 | Loan Request | |
|---|---|---|
| $700.00 | Paid Back |
About the Entrepreneur
| Name: | Kofi Owusu |
|---|---|
| Location: | Goaso, Ghana |
| Activity: | Retail |
About the Loan
| Loan Amount: | $700.00 |
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| Loan Use: | To procure an increased stock of traveling bags and suitcases |
| Repayment Term: | 10 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Sep 8, 2008 |
| Date Disbursed: | Sep 22, 2008 |
| Date Funded: | Sep 8, 2008 |
| Loan Ended: | Jun 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 |
|---|---|
| Avg Annual Income: | $2,643.00 |
| Currency: | Ghana Cedis (GHS) |
| Exchange Rate: | 1.1478 GHS = 1 USD |
Kofi Owusu is 32 years old. He is married and has one little kid who is currently in school. Kofi sells traveling bags and suitcases in the local market of Goaso, a town where he lives. He buys his supply of bags from importers at wholesale prices and sells to his customers at retail prices.
Kofi is requesting this loan to enable him to procure an increased stock of traveling bags and suitcases. He hopes the loan will enable him to increase his savings to expand his shop, to rent a shop to house his goods. He belongs to the community group called Amofa Trust Group. In this group, members agree to guarantee for each other as social collateral to repay the loan.
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Journal entries for Kofi Owusu
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Loan has been disbursed
Location: Goaso, Ghana
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Posted by
from Goaso, Ghana
Sep 23, 2008 |
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Comment on this entry
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Repayment Schedule for Kofi Owusu
Repayment Schedule for Kofi Owusu
| Expected Repayments | Actual Repayments | Comments | |||
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| December 2008 | $87.50 | $88.00 |  Repayment Received
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| January 2009 | $87.50 | $87.00 | Repayment Received
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| February 2009 | $87.50 | $87.50 | Repayment Received
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| March 2009 | $87.50 | $87.50 | Repayment Received
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| April 2009 | $87.50 | $87.50 | Repayment Received
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| May 2009 | $87.50 | $87.50 | Repayment Received
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| June 2009 | $87.50 | $87.50 | Repayment Received
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| July 2009 | $87.50 | $87.50 | Repayment Received
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