Mavis Amuzu


Status: Paid Back

$525.00   Loan Request
$525.00   Paid Back

About the Entrepreneur

Name: Mavis Amuzu
Location: Accra, Ghana
Activity: Jewelry

About the Loan

Loan Amount: $525.00
Loan Use: To buy jewelry in bulk
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 31, 2009
Date Disbursed: Jan 26, 2009
Date Funded:Jan 31, 2009
Loan Ended:Oct 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.3422 GHS = 1 USD



Mavis Amuzu is thirty years old, a divorced wife and mother of one child. Mavis lives with her child in Madina, a suburb in Ghana, in a family house. She loves fashion very much and as a result, she trades in jewelry such as earrings, necklaces and other fashionable accessories including beads. She has been selling jewelry for the last eight years.



Mavis buys her stock of jewelry from Togo and Benin because jewelry in these countries is very affordable. She hawks her goods from house to house and also treks to nearby markets to sell. Mavis wants to use the loan to buy jewelry in bulk so she can trek to other markets. Mavis is in a group called “Yayra’ (Blessing) Trust Bank in her community. The members in the group guarantee for one another as collateral to access the loan and provide support to one another in handling repayment.



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Loan has been disbursed
 
Entrepreneur: Mavis Amuzu
Location: Accra, Ghana

Thank you for your loan. It has been disbursed to Mavis Amuzu 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 Accra, Ghana
Feb 1, 2009
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Kiva Help Repayment Schedule for Mavis Amuzu

  Expected Repayments Actual Repayments Comments
May 2009 $75.00 $75.00 Repayment Received
June 2009 $75.00 $0.00 Repayment Received
July 2009 $75.00 $150.00 Repayment Received
August 2009 $112.50 $112.50 Repayment Received
September 2009 $75.00 $75.00 Repayment Received
October 2009 $75.00 $75.00 Repayment Received
November 2009 $37.50 $37.50 Repayment Received