Ibrahim Moro


Status: Paid Back

$650.00   Loan Request
$650.00   Paid Back

About the Entrepreneur

Name: Ibrahim Moro
Location: Obuasi, Ghana
Activity: Pharmacy

About the Loan

Loan Amount: $650.00
Loan Use: To buy increased supplies of pharmaceutical drugs
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 9, 2009
Date Disbursed: Mar 5, 2009
Date Funded:Mar 9, 2009
Loan Ended:Sep 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.3912 GHS = 1 USD



Ibrahim Moro is 48 years old. He is married with three children. He lives at Bekwai, together with his family. Currently all his children are in school. He is a chemical seller and sells various kinds of drugs like blood tonics, pain killers, malaria drugs etc. in his neighborhod. Many local people use his drugs as first aid and cure when they are sick. He has been in business for twelve years now and he is only person who supplies pharmaceutical products in the community. His chemist's shop is registered to operate by Ghana pharmaceutical council.



Ibrahim wants to use the loan to buy increased supplies of drugs, to include others that are frequently requested by his customers. He hopes to raise good income to take care of his family. He hopes to receive GHS 900 to make business progress by restocking his inventory. This would enable him to save more to support his children in school. Ibrahim belongs to a village bank called ‘Ayi Adakyew’ which means ‘Do what you are doing now well because of tomorrow’.


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Journal entries for Ibrahim Moro


Loan has been disbursed
 
Entrepreneur: Ibrahim Moro
Location: Obuasi, Ghana

Thank you for your loan. It has been disbursed to Ibrahim Moro by Sinapi Aba Trust (SAT) in Ghana. We are excited to watch this business grow. Over the 5 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 Obuasi, Ghana
Mar 10, 2009
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Kiva Help Repayment Schedule for Ibrahim Moro

  Expected Repayments Actual Repayments Comments
June 2009 $130.00 $130.00 Repayment Received
July 2009 $130.00 $130.00 Repayment Received
August 2009 $130.00 $130.00 Repayment Received
September 2009 $130.00 $130.00 Repayment Received
October 2009 $130.00 $130.00 Repayment Received