Veronica Badu


Status: Paid Back

$450.00   Loan Request
$450.00   Paid Back

About the Entrepreneur

Name: Veronica Badu
Location: Nkawkaw, Ghana
Activity: Fish Selling

About the Loan

Loan Amount: $450.00
Loan Use: To procure fresh fish
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 Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.3937 GHS = 1 USD



Veronica Badu is 38 years old. She is married and has given birth to three daughters and three sons. The first five children are all in the basic school while the last-born has yet to start school. She lives with the children and her husband 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 whereas some of the women are into trading activities. Her husband is a cocoa and palm-nut farmer.


Vero is a fishmonger. She procures fresh fish and smokes it herself. She also fries some fish for sale. She sells on a table in the market square but distributes the greater part to retailers and food vendors in and around her community.


Vero procures fresh fish from cold stores in the nearby cities. She has been in business for four years. Vero says she wants a loan to procure fresh fish in bulk. It is her dream to help her husband put up a structure for the family and to give their children a good education.


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Journal entries for Veronica Badu


Loan has been disbursed
 
Entrepreneur: Veronica Badu
Location: Nkawkaw, Ghana

Thank you for your loan. It has been disbursed to Veronica Badu 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 Nkawkaw, Ghana
Mar 16, 2009
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Kiva Help Repayment Schedule for Veronica Badu

  Expected Repayments Actual Repayments Comments
June 2009 $90.00 $90.00 Repayment Received
July 2009 $90.00 $90.00 Repayment Received
August 2009 $90.00 $90.00 Repayment Received
September 2009 $90.00 $90.00 Repayment Received
October 2009 $90.00 $90.00 Repayment Received