Abiba Mohammed


Status: Paid Back

$375.00   Loan Request
$375.00   Paid Back

About the Entrepreneur

Name: Abiba Mohammed
Location: Offinsu, Ghana
Activity: Restaurant

About the Loan

Loan Amount: $375.00
Loan Use: To buy raw materials like maize, cassava, meat, fish, vegetables, and firewood.
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



Abiba Mohammed is a 52 year old local restaurant operator. She is divorced and has seven children. At the moment Abiba is taking care of two children who are in school, as the rest are independent. Abiba lives at Abofour, a suburb of Offinso in the Ashanti region. She has lived there since she started her restaurant. Abiba divorced her husband when he refused to take care of his responsibilities.



Abiba prepares and sells local foods like Deihuo or what we popularly called Tuozafi (TZ). TZ is prepared from milled maize and powdered cassava. This food is known among the Muslim community in every part of Ghana. It has been embraced and accepted by many Ghanaians because of the taste and its delicacy. With her tasty meals, Abiba has attracted lots of customers in the area where she served. Therefore it has become necessary to employ additional hands to assist her in food delivering service. TZ is enjoyed with green leaves soup with meat and fish.



Abiba says prices of raw materials have gone up significantly and she needs the support of a loan to enable her to meet her production expenditures. With the loan, she wants to purchase more raw materials like baskets of cassava, maize, meat, fish, vegetables, and firewood to prepare her meals. She would be grateful for that assistance. Abiba belongs to a village bank called Fear Not. She also hope to receive GH¢500 to make business progress by restocking her inventory.



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Journal entries for Abiba Mohammed


Loan has been disbursed
 
Entrepreneur: Abiba Mohammed
Location: Offinsu, Ghana

Thank you for your loan. It has been disbursed to Abiba Mohammed 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
Feb 5, 2009
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Kiva Help Repayment Schedule for Abiba Mohammed

  Expected Repayments Actual Repayments Comments
May 2009 $53.56 $53.57 Repayment Received
June 2009 $53.56 $0.00 Repayment Received
July 2009 $53.56 $107.13 Repayment Received
August 2009 $80.34 $80.34 Repayment Received
September 2009 $53.56 $53.54 Repayment Received
October 2009 $53.56 $53.56 Repayment Received
November 2009 $26.86 $26.86 Repayment Received