Dora Danso


Status: Paid Back

$400.00   Loan Request
$400.00   Paid Back

About the Entrepreneur

Name: Dora Danso
Location: Offinsu, Ghana
Activity: Food Market

About the Loan

Loan Amount: $400.00
Loan Use: To buy foodstuffs in bulk
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 27, 2009
Date Disbursed: Jan 22, 2009
Date Funded:Jan 27, 2009
Loan Ended:Oct 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.3020 GHS = 1 USD



Dora Danso is forty-eight years old. She is married and has given birth to seven children; five girls and two boys. She says some of her children have completed school while others are still in junior high school. She lives with her family in Offinso in the Ashanti Region of Ghana.



Dora works hard to help her husband provide for the family. Her husband is a farmer who cultivates food crops and all kinds of vegetables. Dora sells foodstuffs. She sells plantains, cassava, yams, etc on a table top by the roadside. Dora buys her goods from Kintampo in the Brong Ahafo Region of Ghana and sometimes from the farmers in the surrounding villages. She has been in business for four years. She also distributes cassava and plantains to local ‘chop bar’ (restaurant) operators. She wants a loan to buy the foodstuffs in bulk so that she can cut down on costs, as in frequent trips to procure the goods, and also to maximize profit.


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Journal entries for Dora Danso


Loan has been disbursed
 
Entrepreneur: Dora Danso
Location: Offinsu, Ghana

Thank you for your loan. It has been disbursed to Dora Danso 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 Offinsu, Ghana
Jan 28, 2009
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Kiva Help Repayment Schedule for Dora Danso

  Expected Repayments Actual Repayments Comments
May 2009 $57.14 $57.14 Repayment Received
June 2009 $85.71 $28.56 Repayment Received
July 2009 $57.14 $114.27 Repayment Received
August 2009 $57.14 $57.14 Repayment Received
September 2009 $57.14 $57.16 Repayment Received
October 2009 $57.14 $57.14 Repayment Received
November 2009 $28.59 $28.59 Repayment Received