Atta Ofori


Status: Paid Back

$525.00   Loan Request
$525.00   Paid Back

About the Entrepreneur

Name: Atta Ofori
Location: Accra, Ghana
Activity: Grocery Store

About the Loan

Loan Amount: $525.00
Loan Use: To buy provisions to sell in his store.
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 4, 2009
Date Disbursed: Jan 26, 2009
Date Funded:Feb 4, 2009
Loan Ended:Oct 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.3475 GHS = 1 USD



Ofori Atta is thirty-two years old. He is married with a child who is currently in school. He is an experienced taxi driver and also operates in a provision store. He has been in business for seven years. Due to his hard work, a lot of people buy from his shop. He sells items like milk, Milo, sugar, and soap. He sells these items in a shed and deems it an opportunity to get his own store. He wants to use this loan to buy more bags of rice, sugar, cartons of milk, and Milo. He procures his goods from big shops in town at wholesale prices. He hopes to increase his income to support his child’s education.



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Journal entries for Atta Ofori


Loan has been disbursed
 
Entrepreneur: Atta Ofori
Location: Accra, Ghana

Thank you for your loan. It has been disbursed to Atta Ofori 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 5, 2009
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Kiva Help Repayment Schedule for Atta Ofori

  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