Elizabeth Cobbina


Status: Paid Back

$675.00   Loan Request
$675.00   Paid Back

About the Entrepreneur

Name: Elizabeth Cobbina
Location: Tarkwa, Ghana
Activity: Food Production/Sales

About the Loan

Loan Amount: $675.00
Loan Use: To buy bags of rice
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 18, 2009
Date Disbursed: Feb 12, 2009
Date Funded:Feb 18, 2009
Loan Ended:Oct 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.3675 GHS = 1 USD



Elizabeth Cobbina is thirty-two years old. She is married and has three children, a boy and two girls. Two of her children are in primary school. Her youngest is not of school age yet. Elizabeth lives with her husband and children in a rented apartment in the small town of Simpa, a farming community a few kilometers from Tarkwa, in western Ghana. Her husband is a cocoa farmer, and she is a food vendor.

Elizabeth prepares "rice kenkey" (a fermented dumpling that is partially cooked and then steamed) and distributes to retailers in her community. She uses local rice to prepare the kenkey. She prepares rice kenkey by pounding the rice, mixing it with salt, wrapping balls of the meal in plantain leaves, and then cooking. Elizabeth also sells in the local market in addition to distributing to retailers. She has been in this business for seven years. Her hope is to save enough to supplement the family income so that she and her husband can take good care of the family. She would use the loan to buy local rice in bulk.


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Journal entries for Elizabeth Cobbina


Loan has been disbursed
 
Entrepreneur: Elizabeth Cobbina
Location: Tarkwa, Ghana

Thank you for your loan. It has been disbursed to Elizabeth Cobbina 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 Tarkwa, Ghana
Feb 19, 2009
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Kiva Help Repayment Schedule for Elizabeth Cobbina

  Expected Repayments Actual Repayments Comments
May 2009 $48.22 $48.22 Repayment Received
June 2009 $96.44 $96.42 Repayment Received
July 2009 $96.44 $96.44 Repayment Received
August 2009 $96.44 $96.44 Repayment Received
September 2009 $144.66 $144.68 Repayment Received
October 2009 $96.44 $96.44 Repayment Received
November 2009 $96.36 $96.36 Repayment Received