Alima Amadu


Status: Paid Back

$750.00   Loan Request
$750.00   Paid Back

About the Entrepreneur

Name: Alima Amadu
Location: Accra, Ghana
Activity: Food Production/Sales

About the Loan

Loan Amount: $750.00
Loan Use: To buy more supplies like, bags of maize, baskets of cassava, plantain, meat, fish, and firewood.
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



Alima Amadu started her local restaurant ten years ago in Bawaleshie, a suburb of Accra, where she lives. Since then, she has become one of the most popular food vendors in her neighborhood. She is now 42 years old, married and mother with six children. She serves many kinds of local dishes, like fufu, rice balls, and banku, among others. Fufu is prepared from pounded cassava and plantain and taken with soup. Banku is prepared from milled maize grain and taken with hot pepper or soup.

Alima wants to use this loan to buy more supplies, like bags of maize, baskets of cassava, plantain, meat, fish, and firewood. She also hopes to use part of the proceeds to finance her children who are in school. She belongs to a group called Fear Not. She hopes to receive GH¢1000 to make her business grow by restocking her inventory.


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Journal entries for Alima Amadu


Loan has been disbursed
 
Entrepreneur: Alima Amadu
Location: Accra, Ghana

Thank you for your loan. It has been disbursed to Alima Amadu 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 19, 2009
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Kiva Help Repayment Schedule for Alima Amadu

  Expected Repayments Actual Repayments Comments
May 2009 $53.57 $53.57 Repayment Received
June 2009 $107.14 $107.14 Repayment Received
July 2009 $107.14 $107.14 Repayment Received
August 2009 $107.14 $107.14 Repayment Received
September 2009 $160.71 $160.71 Repayment Received
October 2009 $107.14 $107.14 Repayment Received
November 2009 $107.16 $107.16 Repayment Received