Nana Obeng Akrofi


Status: Paid Back

$775.00   Loan Request
$775.00   Paid Back

About the Entrepreneur

Name: Nana Obeng Akrofi
Location: Nkawkaw, Ghana
Activity: Carpentry

About the Loan

Loan Amount: $775.00
Loan Use: Nana wants a loan to buy wood, nails, and coffins
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 13, 2009
Date Disbursed: Jan 7, 2009
Date Funded:Jan 14, 2009
Loan Ended:Sep 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.3181 GHS = 1 USD



Nana Obeng Akrofi lives in Agogo, a suburb of the Ashanti region, Ghana. His major occupation is crop farming. He's also a professional carpenter and makes all kinds of furniture including dinning sets, beds, chairs and coffins for over 3 years. He recently added coffins to his business to sell within his community after realizing families had to travel long distances to buy coffins for deceased relatives.

Nana is 51 years old, married and father with seven children. Four of his children have successfully completed senior high school, and the other 3 are still in primary school. Lots of people in the community are amazed with his work and his good health. Nana is happy because he has work to do and is not idle.

Nana requests a loan to buy more wood, nails, and coffins because the demand is very high. With the loan, Nana will be resourceful and use the loan wisely in his business so he can continue taking care of his family. He is grateful for your assistance.

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Journal entries for Nana Obeng Akrofi


Loan has been disbursed
 
Entrepreneur: Nana Obeng Akrofi
Location: Nkawkaw, Ghana

Thank you for your loan. It has been disbursed to Nana Obeng Akrofi 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 Nkawkaw, Ghana
Jan 15, 2009
Comments (1)

Kiva Help Repayment Schedule for Nana Obeng Akrofi

  Expected Repayments Actual Repayments Comments
April 2009 $59.61 $59.61 Repayment Received
May 2009 $119.22 $59.61 Repayment Received
June 2009 $119.22 $0.00 Repayment Received
July 2009 $119.22 $298.07 Repayment Received
August 2009 $119.22 $119.22 Repayment Received
September 2009 $178.83 $178.81 Repayment Received
October 2009 $59.68 $59.68 Repayment Received