Rita Oppong


Status: Paid Back

$575.00   Loan Request
$575.00   Paid Back

About the Entrepreneur

Name: Rita Oppong
Location: Mampong, Ghana
Activity: Clothing Sales

About the Loan

Loan Amount: $575.00
Loan Use: To buy women's underwear to sell
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 23, 2009
Date Disbursed: Mar 17, 2009
Date Funded:Mar 23, 2009
Loan Ended:Oct 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4010 GHS = 1 USD



Rita Oppong is thirty-five years old. She is married with two children, both males. Both of her sons are in the basic school. Rita’s husband is a farmer while she is a trader. She lives with her children and husband in a rented apartment in Mampong in the Ashanti Region of Ghana.


Rita trades in women’s underwear such as brassieres, panties, chemisettes, etc. She buys her goods from the wholesalers in nearby towns and sells in the local market square. She hawks to sell her goods. Rita has been in business for two years. She wants a loan to procure many kinds of underwear in bulk to be able to reach out to more customers and, if possible, trek to other markets to sell. She hopes to sponsor her children in school to high levels.


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Journal entries for Rita Oppong


Loan has been disbursed
 
Entrepreneur: Rita Oppong
Location: Mampong, Ghana

Thank you for your loan. It has been disbursed to Rita Oppong 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 Mampong, Ghana
Mar 24, 2009
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Kiva Help Repayment Schedule for Rita Oppong

  Expected Repayments Actual Repayments Comments
June 2009 $57.50 $57.50 Repayment Received
July 2009 $115.00 $115.00 Repayment Received
August 2009 $115.00 $115.00 Repayment Received
September 2009 $115.00 $115.00 Repayment Received
October 2009 $115.00 $115.00 Repayment Received
November 2009 $57.50 $57.50 Repayment Received