Akosua Serwaa


Status: Paid Back

$600.00   Loan Request
$600.00   Paid Back

About the Entrepreneur

Name: Akosua Serwaa
Location: Offinsu, Ghana
Activity: Butcher Shop

About the Loan

Loan Amount: $600.00
Loan Use: To buy fresh bush meats and firewood.
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 8, 2009
Date Disbursed: Jan 26, 2009
Date Funded:Feb 8, 2009
Loan Ended:Oct 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.3430 GHS = 1 USD



Akosua Serwaa, 50, is married with four children -- two boys and two girls. Her children have finished the village elementary school, but have not attended any schooling after that, instead just roaming the village. Akosua is concerned that her husband is not taking enough responsibility in caring for their children. The family lives in her husband's family house in Abofour, a farming community in Offinso in the Ashanti region of Ghana.

Akosua is a dynamic innovator and self-starter when it comes to her work. She sells bush meat in her community. Her suppliers provide her with bush meats such as grass cutter, antelope, deer and more, all of which have a big market share in Ghana. People from the big cities place orders with Akosua, which they then come pick up when the order is ready.

Demand for her products has been high, so Akosua is applying for a loan to purchase more bush meats and increase her inventory. It is her dream to be able to provide enough support and financial assistance for her children to return to school.


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Journal entries for Akosua Serwaa


Loan has been disbursed
 
Entrepreneur: Akosua Serwaa
Location: Offinsu, Ghana

Thank you for your loan. It has been disbursed to Akosua Serwaa 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 9, 2009
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Kiva Help Repayment Schedule for Akosua Serwaa

  Expected Repayments Actual Repayments Comments
May 2009 $85.72 $85.72 Repayment Received
June 2009 $85.72 $85.70 Repayment Received
July 2009 $85.72 $85.70 Repayment Received
August 2009 $128.58 $128.55 Repayment Received
September 2009 $85.72 $85.79 Repayment Received
October 2009 $85.72 $85.72 Repayment Received
November 2009 $42.82 $42.82 Repayment Received