Amankwaah Boateng
Status: Paid Back
| $575.00 | Loan Request | |
|---|---|---|
| $575.00 | Paid Back |
About the Entrepreneur
| Name: | Amankwaah Boateng |
|---|---|
| Location: | Nkawkaw, Ghana |
| Activity: | Food Production/Sales |
About the Loan
| Loan Amount: | $575.00 |
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| Loan Use: | To procure palm nuts |
| Repayment Term: | 7 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Mar 17, 2009 |
| Date Disbursed: | Mar 12, 2009 |
| Date Funded: | Mar 17, 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: | 1.3950 GHS = 1 USD |
Amankwaah 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 dwellers, the men in particular, is farming.
Amankwaah owns a cocoa, palm nut, and orange plantation. He does not sell the harvested palm fruits in the raw state but adds value by producing palm oil. He also procures additional palm fruits from nearby farms to increase his production.
Amankwaah distributes to customers who come to buy in bulk and retail. He wants a loan to procure palm fruits in large quantities so that he can produce in bulk and distribute to the increasing number of his customers. He aspires to give his children the best of education.
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Journal entries for Amankwaah Boateng
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Loan has been disbursed
Location: Nkawkaw, Ghana
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Posted by
from Nkawkaw, Ghana
Mar 18, 2009 |
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Comment on this entry
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Repayment Schedule for Amankwaah Boateng
Repayment Schedule for Amankwaah Boateng
| Expected Repayments | Actual Repayments | Comments | |||
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| June 2009 | $57.50 | $57.50 |  Repayment Received
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| July 2009 | $115.00 | $115.00 | Repayment Received
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| August 2009 | $115.00 | $115.00 | Repayment Received
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| September 2009 | $172.50 | $172.50 | Repayment Received
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| October 2009 | $115.00 | $115.00 | Repayment Received
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