Sarah Tetteh


Status: Paid Back

$525.00   Loan Request
$525.00   Paid Back

About the Entrepreneur

Name: Sarah Tetteh
Location: Koforidua, Ghana
Activity: Food Production/Sales

About the Loan

Loan Amount: $525.00
Loan Use: To purchase supplies such as maize, meat, fish, vegetables and firewood.
Repayment Term: 9 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: Covered
Date Listed: Dec 20, 2008
Date Disbursed: Dec 4, 2008
Date Funded:Dec 20, 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



Sarah Tetteh is 33 years old, married and blessed with five children. When it comes to paying her family's bills and providing enough food to eat, Sarah is a very resourceful and hard worker. She is a food vendor who sells kenkey, a local dish made from corn dough (milled from fresh maize grains) which is cooked and then eaten with hot pepper and fried fish. She sells kenkey in the morning and afternoon to school children, and as a breakfast dish for local workers. She has many customers, since Ghanaians enjoy kenkey for both breakfast and lunch.

With this loan, she wants to increase the size of her business by buying more supplies such as maize, meat, fish, vegetables and firewood. If she can expand her business, she will be able to increase her savings and pay for her children’s education. Sarah is a member of the Good Shepherd Trust Group, whose members agree to help each other repay loans.

Sarah does not sell on the days her group meets, and this photo was taken during a meeting.


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Journal entries for Sarah Tetteh


Loan has been disbursed
 
Entrepreneur: Sarah Tetteh
Location: Koforidua, Ghana

Thank you for your loan. It has been disbursed to Sarah Tetteh 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 Koforidua, Ghana
Dec 21, 2008
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Kiva Help Repayment Schedule for Sarah Tetteh

  Expected Repayments Actual Repayments Comments
March 2009 $75.00 $75.00 Repayment Received
April 2009 $75.00 $0.00 Repayment Received
May 2009 $75.00 $75.01 Repayment Received
June 2009 $75.00 $0.00 Repayment Received
July 2009 $150.00 $225.02 Repayment Received
August 2009 $0.00 $75.01  
September 2009 $75.00 $74.96 Repayment Received