Abena Fosua
Status: Paid Back
| $525.00 | Loan Request | |
|---|---|---|
| $525.00 | Paid Back |
About the Entrepreneur
| Name: | Abena Fosua |
|---|---|
| Location: | Obuasi, Ghana |
| Activity: | Food Market |
About the Loan
| Loan Amount: | $525.00 |
|---|---|
| Loan Use: | To purchase more yams directly from the farmers |
| Repayment Term: | 10 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Sep 11, 2008 |
| Date Disbursed: | Sep 25, 2008 |
| Date Funded: | Sep 11, 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: | 5521 |
| Total Loans: | $2,890,550 |
| 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: | 1.1687 GHS = 1 USD |
Abena takes delivery from farmers who provide her with a direct supply. This enables her to avoid middlemen who buy from the farmers and re-sell to her at higher prices. With this loan, she wants to buy yams in bulk to better serve her customers. She hopes to use part of her profit to support her kid in school. Abena is a member of a community group called Dorcas Trust Group. In this group, members guarantee and support one another to repay their loans.
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Journal entries for Abena Fosua
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Loan has been disbursed
Location: Obuasi, Ghana
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Posted by
from Obuasi, Ghana
Sep 25, 2008 |
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Comments (1)
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Repayment Schedule for Abena Fosua
Repayment Schedule for Abena Fosua
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2008 | $65.62 | $66.00 |  Repayment Received
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| January 2009 | $65.62 | $65.25 | Repayment Received
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| February 2009 | $65.62 | $65.63 | Repayment Received
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| March 2009 | $65.62 | $65.63 | Repayment Received
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| April 2009 | $65.62 | $65.63 | Repayment Received
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| May 2009 | $65.62 | $65.63 | Repayment Received
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| June 2009 | $65.62 | $65.62 | Repayment Received
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| July 2009 | $65.66 | $65.61 | Repayment Received
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