Mary Alormale
Status: Paid Back
| $375.00 | Loan Request | |
|---|---|---|
| $375.00 | Paid Back |
About the Entrepreneur
| Name: | Mary Alormale |
|---|---|
| Location: | Accra, Ghana |
| Activity: | Food Market |
About the Loan
| Loan Amount: | $375.00 |
|---|---|
| Loan Use: | To procure ‘gari’ for re-sale |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Feb 11, 2009 |
| Date Disbursed: | Feb 5, 2009 |
| Date Funded: | Feb 12, 2009 |
| Loan Ended: | Oct 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Sinapi Aba Trust (SAT) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 24 months |
| Kiva Entrepreneurs: | 5502 |
| Total Loans: | $2,878,850 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Ghana |
|---|---|
| Avg Annual Income: | $2,643.00 |
| Currency: | Ghana Cedis (GHS) |
| Exchange Rate: | 1.3559 GHS = 1 USD |
Mary is a thirty-five year old married woman with two children. For the past four years, Mary has been selling maize and ‘gari’. Gari is produced from cassava and it is high in carbohydrates. She obtains her supplies from the farming communities and retails to her customers. She wants to use the loan to buy maize and gari in bulk to meet the daily demands of her customers. She hopes to use part of her profit to pay her children’s educational fees.
Mary is a member of a community group called "To God be the Glory" Trust Group. In this group, members guarantee for one another as social collateral to repay the loan.
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Journal entries for Mary Alormale
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Loan has been disbursed
Location: Accra, Ghana
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Posted by
from Accra, Ghana
Feb 13, 2009 |
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Comment on this entry
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Repayment Schedule for Mary Alormale
Repayment Schedule for Mary Alormale
| Expected Repayments | Actual Repayments | Comments | |||
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| May 2009 | $26.78 | $26.78 |  Repayment Received
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| June 2009 | $80.34 | $80.34 | Repayment Received
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| July 2009 | $53.56 | $53.56 | Repayment Received
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| August 2009 | $53.56 | $53.56 | Repayment Received
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| September 2009 | $53.56 | $53.56 | Repayment Received
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| October 2009 | $53.56 | $53.56 | Repayment Received
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| November 2009 | $53.64 | $53.64 | Repayment Received
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