Augustina Baah


Status: Paid Back

$600.00   Loan Request
$600.00   Paid Back

About the Entrepreneur

Name: Augustina Baah
Location: Accra, Ghana
Activity: Food Market

About the Loan

Loan Amount: $600.00
Loan Use: To purchase more foodstuffs 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



For the past five years, Augustina has been a merchant in the local market of Bawalashie community, a suburb of Accra in Ghana. She is a forty-year-old woman, married with four kids who are schooling. She lives with her family in the same community in a rented apartment. She is a busy petty trader who sells cassava, charcoal, tinned tomatoes, yams, maize, etc. on the top of a table in the local market.

Augustina loves trading, the business through which she earns a living for her family. She does not have sufficient working capital to run the business. With the loan, she wants to inject more working capital into the business to scale up her business progress. She believes the loan will enable her to purchase good quality stock to upgrade her inventory. She would be grateful for your assistance. She is a member of the community group called ‘To God Be the Glory’ Trust Group. In this group members assist one another to provide support in handling repayment.

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Journal entries for Augustina Baah


Loan has been disbursed
 
Entrepreneur: Augustina Baah
Location: Accra, Ghana

Thank you for your loan. It has been disbursed to Augustina Baah 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 Augustina Baah

  Expected Repayments Actual Repayments Comments
May 2009 $85.71 $85.71 Repayment Received
June 2009 $85.71 $0.00 Repayment Received
July 2009 $85.71 $171.37 Repayment Received
August 2009 $128.57 $128.60 Repayment Received
September 2009 $85.71 $85.70 Repayment Received
October 2009 $85.71 $85.74 Repayment Received
November 2009 $42.88 $42.88 Repayment Received