Awudu Mohammed


Status: Paid Back

$650.00   Loan Request
$650.00   Paid Back

About the Entrepreneur

Name: Awudu Mohammed
Location: Mampong, Ghana
Activity: Animal Sales

About the Loan

Loan Amount: $650.00
Loan Use: To buy livestock
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



Awudu Mohammed is 26 years old. He is single but lives his younger siblings who are under his care. He says he works very hard to make income to provide for his siblings in school. He lives with them in a rented apartment in Mampong in the Ashanti Region of Ghana.


Awudu deals in livestock such as goats, sheep, cattle, etc. He buys the live animals from all the way up in the northern part of the country and sells them in the south. Awudu supplies the animals to the butchers in the local abattoir and also treks to nearby towns to sell. He has been in this business for six years now. Awudu wants a loan to procure more of the livestock so as to increase his profit margin. He is hoping to improve his life and give his siblings needed support.


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Journal entries for Awudu Mohammed


Loan has been disbursed
 
Entrepreneur: Awudu Mohammed
Location: Mampong, Ghana

Thank you for your loan. It has been disbursed to Awudu Mohammed 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 Awudu Mohammed

  Expected Repayments Actual Repayments Comments
June 2009 $65.00 $65.00 Repayment Received
July 2009 $130.00 $130.00 Repayment Received
August 2009 $130.00 $130.00 Repayment Received
September 2009 $130.00 $130.00 Repayment Received
October 2009 $130.00 $130.00 Repayment Received
November 2009 $65.00 $65.00 Repayment Received