Ernestina Acheampong


Status: Paid Back

$475.00   Loan Request
$475.00   Paid Back

About the Entrepreneur

Name: Ernestina Acheampong
Location: Nkawkaw, Ghana
Activity: Retail

About the Loan

Loan Amount: $475.00
Loan Use: To buy more supplies of baby clothes, napkins, Pampers, baby oil, detergents and plastic materials
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 12, 2009
Date Disbursed: Jan 7, 2009
Date Funded:Jan 12, 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



Ernestina Acheampong is 54 years old. She is divorced and the mother of seven children. At the moment, four have completed senior high school. She sells baby clothes, Pampers, powder, napkins, detergents, feeding bottles, etc., through hawking. She balances her stock on her head and walks miles to her customers at their doorsteps to sell. She needs the loan the enable her to inject more capital into the business to make progress. She wants to use the loan to buy more supplies of baby clothes, napkins, Pampers, baby oil and detergents, to increase her stock and to make more income, to provide her children with a good education. Ernestina says she would be grateful for your assistance. With the loan she wants to save more to rent a store so that her burden of hawking would be minimized. This, she says, would also help her to support her kids at the university level.

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Journal entries for Ernestina Acheampong


Loan has been disbursed
 
Entrepreneur: Ernestina Acheampong
Location: Nkawkaw, Ghana

Thank you for your loan. It has been disbursed to Ernestina Acheampong 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 14, 2009
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Kiva Help Repayment Schedule for Ernestina Acheampong

  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 $73.08 $176.53 Repayment Received
August 2009 $73.08 $73.13 Repayment Received
September 2009 $109.62 $109.65 Repayment Received
October 2009 $36.52 $36.52 Repayment Received