Aishetu Iddrisu


Status: Paid Back

$525.00   Loan Request
$525.00   Paid Back

About the Entrepreneur

Name: Aishetu Iddrisu
Location: Obuasi, Ghana
Activity: Food Production/Sales

About the Loan

Loan Amount: $525.00
Loan Use: To buy more raw materials like bags of maize, meat, fish, vegetables and firewood.
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 17, 2009
Date Disbursed: Mar 5, 2009
Date Funded:Mar 17, 2009
Loan Ended:Sep 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.3974 GHS = 1 USD



Aishetu Iddrisu is 41 years old. She is married and the mother of five children. All of her children are currently in school. Aishetu lives with the husband, a butcher, and their children in a community called Bekwai in the Ashanti region of Ghana. She has been in business for the past seven years in food production.


She prepares and sells local foods like banku and other local dishes. Banku is prepared from milled maize grains, and it is taken with hot pepper or soup. With her tasty meals she has attracted lots of customers in the area where she serves; therefore, it has become necessary to employ additional hands to assist her in delivering the food.


Aishetu says prices of raw materials have gone up significantly, and she needs the support of a loan to enable her to meet her production expenditures. She hopes to receive GH¢700 to make business progress by restocking her inventory. With the loan, she wants to purchase more raw materials like bags of maize, baskets of cassava dough, meat, fish, vegetables, and firewood to prepare her meals. She would be grateful for that assistance. This would enable her to save more to support her husband in taking care of the children's educational needs.


Aishetu belongs to a village bank called ‘Bamali Allah’.



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Journal entries for Aishetu Iddrisu


Loan has been disbursed
 
Entrepreneur: Aishetu Iddrisu
Location: Obuasi, Ghana

Thank you for your loan. It has been disbursed to Aishetu Iddrisu 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 18, 2009
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Kiva Help Repayment Schedule for Aishetu Iddrisu

  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