Gladys Owusu


Status: Paid Back

$875.00   Loan Request
$875.00   Paid Back

About the Entrepreneur

Name: Gladys Owusu
Location: Obuasi, Ghana
Activity: Soft Drinks

About the Loan

Loan Amount: $875.00
Loan Use: She wants to use the loan to buy bulk supplies of canned foods and drinks, milk, etc.
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 10, 2008
Date Disbursed: Oct 24, 2008
Date Funded:Oct 10, 2008
Loan Ended:Jul 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.1622 GHS = 1 USD



Gladys Owusu is 37 years old. She is married with three children who are currently in school. She owns and operates a grocery shop and sells items like evaporated milk, canned foods and drinks such as Coca Cola, Pepsi, Malta, etc. in the local market of Obuasi, Ghana. She wants to use the loan to buy bulk supplies of canned foods and drinks, milk, etc. to expand her business.

Gladys hopes to make good income from the expanded business to enable her to provide support in taking care of her children.

She belongs to the community group called Glory Trust Group. The group guarantees a loan through a repayment pledge.

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Journal entries for Gladys Owusu


Loan has been disbursed
 
Entrepreneur: Gladys Owusu
Location: Obuasi, Ghana

Thank you for your loan. It has been disbursed to Gladys Owusu 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 Obuasi, Ghana
Oct 25, 2008
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Kiva Help Repayment Schedule for Gladys Owusu

  Expected Repayments Actual Repayments Comments
January 2009 $109.38 $109.38 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 $109.38 $109.38 Repayment Received
August 2009 $109.34 $109.35 Repayment Received