Felicia Dapaah


Status: Paid Back

$475.00   Loan Request
$475.00   Paid Back

About the Entrepreneur

Name: Felicia Dapaah
Location: Babiani, Ghana
Activity: Food Production/Sales

About the Loan

Loan Amount: $475.00
Loan Use: To buy more palm nuts fruits and a small milling machine.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 8, 2009
Date Disbursed: Jan 2, 2009
Date Funded:Jan 8, 2009
Loan Ended:Sep 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.2698 GHS = 1 USD



Felicia Dapaah is forty-one years old. She is married with two children. At the moment, one has completed senior high school. She has been a local manufacturer of palm oil and palm kernel oil for eight years now. Palm oil is produced from palm nut fruits and the palm kernel is a by-product of palm oil, which is produced first. The palm kernel is processed through various stages to obtain the palm kernel oil. Palm kernel is used to prepare many local dishes.



Her production is on a small scale because she has inadequate capital to buy machines for the processing. She wants to use this loan to buy more palm nuts to increase her efficiency to produce in larger quantities. She believes this will help expand her business to raise more income to support her husband, provide food, and finance her children’s education.



Felicia belongs to a community group called Nyame Nhyira, meaning God Blessing Trust Group. Her picture was taking during their group meeting. In this group, members guarantee for one another as social collateral to access loans and act as peer pressure to repay the loans. She said she would be grateful for your assistance.



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Journal entries for Felicia Dapaah


Loan has been disbursed
 
Entrepreneur: Felicia Dapaah
Location: Babiani, Ghana

Thank you for your loan. It has been disbursed to Felicia Dapaah 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 Babiani, Ghana
Jan 9, 2009
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Kiva Help Repayment Schedule for Felicia Dapaah

  Expected Repayments Actual Repayments Comments
April 2009 $36.54 $36.54 Repayment Received
May 2009 $73.08 $36.54 Repayment Received
June 2009 $73.08 $6.09 Repayment Received
July 2009 $109.62 $213.05 Repayment Received
August 2009 $73.08 $73.14 Repayment Received
September 2009 $73.08 $73.12 Repayment Received
October 2009 $36.52 $36.52 Repayment Received