Foster Odei


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

Name: Foster Odei
Location: Nkawkaw, Ghana
Activity: Grocery Store

About the Loan

Loan Amount: $500.00
Loan Use: To procure provisions
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 18, 2009
Date Disbursed: Mar 12, 2009
Date Funded:Mar 19, 2009
Loan Ended:Sep 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4115 GHS = 1 USD



Foster Odei is 37 years old. He is married and has three children: two sons and one daughter. According to him, all his children are in junior high and the basic school. His wife is a fishmonger. He lives with his wife and children 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.


Foster is a farmer and at the same time runs a provisions store in which he sells products such as sugar, milk, milo, toffees, etc. He says he procures his goods from Nkawkaw, a nearby city. His shop is located by the roadside. Foster has been in business for 10 years. He wants a loan to procure various provisions to stock his shop. He desires to give his children the best education he can afford.



Subscribe

Lenders to this entrepreneur

Laurent D
Brussels,
Belgium

Jeff Grossman
New City, NY
United States

Michel
GAGNY,
France

Dan
Honolulu, HI
United States

Gav and Cath
Adelaide, South Australia
Australia

Entrepreneurs for Africa
Toronto, Ontario EvanCarmichael.com
Canada

Winnie
San Francisco, CA
United States

Jonas
Stockholm,
Sweden

Koen
maasbracht, Limburg

mike
Santa Maria, Ca.
United States

Elliot

United Kingdom

Chris
Dublin, Dublin
Ireland

John and Debbie
Fort Worth, TX
United States

Luke
London,
United Kingdom

Barnaby
Hirakata, osaka
Japan

William
Decatur, IL
United States

Danielle
Blackwood, NJ
United States

Andrew, Amanda & Callum
Bridgewater, NJ
United States

Christopher
West Malvern, Worcestershire



Top Lending Teams for this entrepreneur


LibriVox.org
Common Interest
10 Members

Netherlands
Local Area
634 Members

Marathon Runners
Sports Groups
6 Members

Team Europe
Local Area
1243 Members

Heather's friends
Memorials
11 Members

Journal entries for Foster Odei


Loan has been disbursed
 
Entrepreneur: Foster Odei
Location: Nkawkaw, Ghana

Thank you for your loan. It has been disbursed to Foster Odei 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 20, 2009
Comment on this entry

Kiva Help Repayment Schedule for Foster Odei

  Expected Repayments Actual Repayments Comments
June 2009 $50.00 $50.00 Repayment Received
July 2009 $100.00 $100.00 Repayment Received
August 2009 $100.00 $100.00 Repayment Received
September 2009 $150.00 $150.00 Repayment Received
October 2009 $100.00 $100.00 Repayment Received