Christian Alimo


Status: Paid Back

$525.00   Loan Request
$525.00   Paid Back

About the Entrepreneur

Name: Christian Alimo
Location: Tema, Ghana
Activity: Charcoal Sales

About the Loan

Loan Amount: $525.00
Loan Use: To expand her inventory by purchasing charcoal in bulk
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 12, 2008
Date Disbursed: Nov 10, 2008
Date Funded:Nov 12, 2008
Loan Ended:Jul 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.1889 GHS = 1 USD



Christiana Alimo is 30 years old, and she is the mother of two children: one child has completed senior high school, while the other is still in school. She is very hard-working, and the income she generates from her business is critical to her family's well-being. More specifically, she trades in charcoal in her neighborhood. Charcoal, she explains, is a very popular source of energy for cooking purposes in nearly every Ghanaian home. Christiana obtains her supply of charcoal from the surrounding villages of Jamani in the Eastern region of Ghana (where she lives), and she sells such charcoal at retail prices to her customers.



Now, she is requesting a loan to buy charcoal in bulk to thereby increase her inventory of charcoal. Moreover, she hopes that the loan proceeds will enable her to increase her savings in order to pay for her children’s school fees.



Christiana is a member of the community group known as the Knowledge Trust Group. In this group, members guarantee each others' loans as social collateral to ensure that their respective loans are promptly repaid. Her picture was taken at one of her group's meetings.


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Journal entries for Christian Alimo


Loan has been disbursed
 
Entrepreneur: Christian Alimo
Location: Tema, Ghana

Thank you for your loan. It has been disbursed to Christian Alimo by Sinapi Aba Trust (SAT) in Ghana. We are excited to watch this business grow. Over the next 7 months, Sinapi Aba Trust (SAT) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Tema, Ghana
Nov 13, 2008
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Kiva Help Repayment Schedule for Christian Alimo

  Expected Repayments Actual Repayments Comments
February 2009 $37.50 $37.50 Repayment Received
March 2009 $75.00 $75.00 Repayment Received
April 2009 $75.00 $0.00 Repayment Received
May 2009 $112.50 $75.01 Repayment Received
June 2009 $75.00 $0.00 Repayment Received
July 2009 $75.00 $262.52 Repayment Received
August 2009 $75.00 $74.97 Repayment Received