Juliana Nartey


Status: Paid Back

$600.00   Loan Request
$600.00   Paid Back

About the Entrepreneur

Name: Juliana Nartey
Location: Kasoa, Ghana
Activity: Food Market

About the Loan

Loan Amount: $600.00
Loan Use: Buy bulk gallons of palm oil
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 4, 2008
Date Disbursed: Dec 3, 2008
Date Funded:Dec 17, 2008
Loan Ended:Aug 15, 2009

About the Country

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



Juliana Nartey is a 38-year-old woman and married with four children in school. For the past four years, Juliana Nartey has been trading in palm oil. She treks to Asamang, a town in the Eastern region of Ghana, to purchase palm oil in bulk from the producers and then resells it to her customers. She says increased prices of rice and fuel have affected her working capital, and she can no longer buy enough quantity.

She hopes the loan will enable her to inject more capital into her business to meet the demands of the market. She wants to use the loan to buy bulk gallons of palm oil to avoid price hikes and frequent trips. She hopes to increase her savings to support her husband in paying the children’s school fees. She is a member of the group called 'Mount Calvary' Trust Group. Members agree to serve as social collateral by guarantying repayment of the loans.





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Journal entries for Juliana Nartey


Loan has been disbursed
 
Entrepreneur: Juliana Nartey
Location: Kasoa, Ghana

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


Posted by from Kasoa, Ghana
Dec 18, 2008
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Kiva Help Repayment Schedule for Juliana Nartey

  Expected Repayments Actual Repayments Comments
March 2009 $85.72 $85.72 Repayment Received
April 2009 $85.72 $0.00 Repayment Received
May 2009 $85.72 $85.71 Repayment Received
June 2009 $85.72 $0.00 Repayment Received
July 2009 $85.72 $257.14 Repayment Received
August 2009 $128.58 $128.58 Repayment Received
September 2009 $42.82 $42.85 Repayment Received