Emmanuel Afriyie Siaw


Status: Paid Back

$875.00   Loan Request
$875.00   Paid Back

About the Entrepreneur

Name: Emmanuel Afriyie Siaw
Location: Goaso, Ghana
Activity: Electrical Goods

About the Loan

Loan Amount: $875.00
Loan Use: To purchase increased stocks of electric appliances
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 Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.1478 GHS = 1 USD



Emma as this young man is popularly called is 31 years old. He is single and very hard working. Emmanuel is a dealer in electrical goods like assorted lights, electrical cables, extension plugs, wires, electric lamps, speakers, transistors, screwdrivers, wires, television cords, antennas, etc. He buys his supplies from importers at wholesale prices and sells to his customers at retail prices.



Emmanuel is requesting a loan to enable him to procure an increased stock of electrical and electronic parts. He hopes to increase his savings to expand his shop to include refrigerators. He would be very grateful for your support.



Emmanuel has been in this business for the past eight years and has a lot of experience with a wider market share in his business area. He belongs to the community group called Great Provider Trust Group. Members in this group guarantee and support one another to repay the loan.


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Journal entries for Emmanuel Afriyie Siaw


Loan has been disbursed
 
Entrepreneur: Emmanuel Afriyie Siaw
Location: Goaso, Ghana

Thank you for your loan. It has been disbursed to Emmanuel Afriyie Siaw 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 22, 2008
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Kiva Help Repayment Schedule for Emmanuel Afriyie Siaw

  Expected Repayments Actual Repayments Comments
December 2008 $109.38 $110.00 Repayment Received
January 2009 $109.38 $108.75 Repayment Received
February 2009 $109.38 $109.38 Repayment Received
March 2009 $109.38 $109.38 Repayment Received
April 2009 $109.38 $109.38 Repayment Received
May 2009 $109.38 $109.38 Repayment Received
June 2009 $109.38 $109.37 Repayment Received
July 2009 $109.34 $109.36 Repayment Received