Afua Kwasie


Status: Paid Back

$450.00   Loan Request
$450.00   Paid Back

About the Entrepreneur

Name: Afua Kwasie
Location: Koforidua, Ghana
Activity: Cereals

About the Loan

Loan Amount: $450.00
Loan Use: To buy a larger stock of maize
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 12, 2008
Date Disbursed: Oct 26, 2008
Date Funded:Oct 12, 2008
Loan Ended:Jul 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.1671 GHS = 1 USD



Afua Kwasie, who is 37 and has four children currently in school, trades in maize in the local market of Odumase in Koforidua, a town in the Eastern region of Ghana. She belongs to the community group called Hyebenehi Trust Group, whose members support one another both in their requests for and repayments of loans.



She is seeking a loan to buy a larger stock of maize to grow her business and increase sales. Afua says her major challenge is the children’s school fees, which she works hard to provide. She hopes to increase her savings to further support the children’s education in order to give them better future career opportunities.


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Journal entries for Afua Kwasie


Loan has been disbursed
 
Entrepreneur: Afua Kwasie
Location: Koforidua, Ghana

Thank you for your loan. It has been disbursed to Afua Kwasie 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 Koforidua, Ghana
Oct 27, 2008
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Kiva Help Repayment Schedule for Afua Kwasie

  Expected Repayments Actual Repayments Comments
January 2009 $56.25 $56.25 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
August 2009 $56.25 $56.25 Repayment Received