Mary Avudufu


Status: Paid Back

$525.00   Loan Request
$525.00   Paid Back

About the Entrepreneur

Name: Mary Avudufu
Location: Obuasi, Ghana
Activity: Food Market

About the Loan

Loan Amount: $525.00
Loan Use: To purchase tubers of yam and garments of clothing to sell.
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 13, 2009
Date Disbursed: Mar 5, 2009
Date Funded:Mar 13, 2009
Loan Ended:Sep 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.3953 GHS = 1 USD



Mary Avudufu is twenty–seven years old. She is single and lives independently. Mary lives in a rented apartment in a commercial town called Bekwai, close to Obuasi (a gold mining town) in the Ashanti Region of Ghana. Most of the inhabitants of Bekwai work in commercial activities.



She trades in fresh yam and garments of clothing to make an income to support herself. She procures the fresh yam all the way from Atebubu in the Brong Ahafo Region where the price is quite economical. Mary distributes the yam to retailers and food vendors in her community. She sells the rest from a table top stall in the market square. She has been in business for ten years. Mary wants a loan to increase her working capital so she can procure tubers of yam in bulk. She hopes to save more money before she enters into marriage.



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Journal entries for Mary Avudufu


Loan has been disbursed
 
Entrepreneur: Mary Avudufu
Location: Obuasi, Ghana

Thank you for your loan. It has been disbursed to Mary Avudufu 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 14, 2009
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Kiva Help Repayment Schedule for Mary Avudufu

  Expected Repayments Actual Repayments Comments
June 2009 $105.00 $105.00 Repayment Received
July 2009 $105.00 $105.00 Repayment Received
August 2009 $105.00 $105.00 Repayment Received
September 2009 $105.00 $105.00 Repayment Received
October 2009 $105.00 $105.00 Repayment Received