Eric Nartey
Status: Paid Back
| $650.00 | Loan Request | |
|---|---|---|
| $650.00 | Paid Back |
About the Entrepreneur
| Name: | Eric Nartey |
|---|---|
| Location: | Nkawkaw, Ghana |
| Activity: | Food Production/Sales |
About the Loan
| Loan Amount: | $650.00 |
|---|---|
| Loan Use: | To procure palm nuts |
| Repayment Term: | 7 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Mar 14, 2009 |
| Date Disbursed: | Mar 5, 2009 |
| Date Funded: | Mar 15, 2009 |
| Loan Ended: | Sep 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Sinapi Aba Trust (SAT) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 24 months |
| Kiva Entrepreneurs: | 5521 |
| Total Loans: | $2,890,550 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Ghana |
|---|---|
| Avg Annual Income: | $2,643.00 |
| Currency: | Ghana Cedis (GHS) |
| Exchange Rate: | 1.3937 GHS = 1 USD |
Eric lives with his family in a rented apartment in a small farming community called Nkwateng in the Eastern Region of Ghana. The major occupation of the residents, the men in particular, is farming.
Eric owns a palm plantation. He does not sell the raw, harvested palm fruits but adds value to it by producing palm oil. He also procures additional palm fruits from nearby farms to increase his production. Eric distributes to customers who come to buy in bulk and retail.
He wants a loan to procure palm fruits in bulk so that he can produce in bulk and distribute to his increasing number of customers. He aspires to complete a building project with the proceeds that will accrue from his business.
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Journal entries for Eric Nartey
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Loan has been disbursed
Location: Nkawkaw, Ghana
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Posted by
from Nkawkaw, Ghana
Mar 16, 2009 |
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Comment on this entry
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Repayment Schedule for Eric Nartey
Repayment Schedule for Eric Nartey
| Expected Repayments | Actual Repayments | Comments | |||
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| June 2009 | $130.00 | $130.00 |  Repayment Received
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| July 2009 | $130.00 | $130.00 | Repayment Received
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| August 2009 | $130.00 | $130.00 | Repayment Received
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| September 2009 | $130.00 | $130.00 | Repayment Received
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| October 2009 | $130.00 | $130.00 | Repayment Received
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