Akua Adutwumwaa


Status: Paid Back

$325.00   Loan Request
$325.00   Paid Back

About the Entrepreneur

Name: Akua Adutwumwaa
Location: Offinsu, Ghana
Activity: Fish Selling

About the Loan

Loan Amount: $325.00
Loan Use: To procure smoked fish and tilapia
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



Akua Adutwumwaa is forty-six years old. She is married and has given birth to six children – all boys. Almost all her children are out of school. The last born has yet to complete junior high school. She lives together with some of her children and her husband in Offinso, a business and farming community in the Ashanti Region of Ghana.



Akua’s husband is a farmer as well as a sewing machine repairer in their community. Akua works to help her husband provide for the family. She is a fish monger and also sells vegetables on a small table top. She sells in a shed in the local market square. She procures her goods from big-time fish mongers in Kumasi who sell at wholesale prices.



Akua has been in business for two years. According to Akua, most of her customers are food vendors and households in her community. With the loan,she wants to purchase tilapia and other fish in bulk on a visit to the big towns to reduce frequent travel. This, she also believes, would enable her to save more money to pay for the education of her last born.


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Journal entries for Akua Adutwumwaa


Loan has been disbursed
 
Entrepreneur: Akua Adutwumwaa
Location: Offinsu, Ghana

Thank you for your loan. It has been disbursed to Akua Adutwumwaa 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 Akua Adutwumwaa

  Expected Repayments Actual Repayments Comments
May 2009 $46.42 $46.43 Repayment Received
June 2009 $69.63 $23.21 Repayment Received
July 2009 $46.42 $92.85 Repayment Received
August 2009 $46.42 $46.42 Repayment Received
September 2009 $46.42 $46.40 Repayment Received
October 2009 $46.42 $46.42 Repayment Received
November 2009 $23.27 $23.27 Repayment Received