Lucy Jackson


Status: Paid Back

$725.00   Loan Request
$725.00   Paid Back

About the Entrepreneur

Name: Lucy Jackson
Location: Cape Coast, Ghana
Activity: Food Market

About the Loan

Loan Amount: $725.00
Loan Use: To buy more bulk stock of cassava and plantains to sell at the market.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 6, 2009
Date Disbursed: Mar 26, 2009
Date Funded:Apr 7, 2009
Loan Ended:Oct 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4187 GHS = 1 USD



Lucy Jackson is a 30-year-old married woman with two children. Both of her children are in school. She lives with her husband in her matrimonial home at Eguase, a suburb of Moore in the central region of Ghana. She is an achiever and a resourceful young woman. She loves selling goods, which is how she makes a living. Lucy trades in cassava and plantains and has been selling in the community market for three years now. She treks to surrounding villages in the Central part of Ghana to purchase bulk stock from the farmers and then sell at retail to her customers. For lack of adequate working capital, she is not able to purchase enough stock to make enough profit to support her family. She wants a loan to purchase a bulk supply of cassava and plantain to enable her to generate more sales. She believes the loan will help her earn more income to support her business growth and also wants to use part of the profit to support her children’s educations. She also hopes to receive GHS1000 to help restock her inventory, which would enable her to save more money and support her husband to take care of the home. Lucy belongs to a village bank called ‘Kronkronye’ which means Holiness.



Subscribe

Lenders to this entrepreneur

David
Broomall, PA
United States

LHS Tigers
Lakewood, CO
United States

Peter
kivafriends.org, Brighton, England
United Kingdom

Nicolao
Bellinzona,
Switzerland

Ruth
Toronto, Ontario
Canada

Val

Brian Moon
Phoenix, AZ
United States

CustomizeGoogle.com
Firefox Extension,

GCF Fund
seattle, WA
United States

Joyce
Lindstrom, MN
United States

Lindsay
Kamloops, British Columbia
Canada

Don and Clare
Saanichton, British Columbia
Canada

Gene
Benicia, CA
United States

neddotcom
worldwide, OR
United States

Wendy and David
San Jose, CA
United States

Sheila
Saskatoon, Saskatchewan
Canada

Steve
Arlington, VA
United States

Brian
Maribo,
Denmark

Zina
Pepper Pike, OH
United States

The Dane

Denmark

Michael, Gus, & Charron
Tampa, Fl
United States

Jean Marie
Cupertino, CA
United States

James
Kansas City, KS
United States



Top Lending Teams for this entrepreneur


Kiva Christians
Friends
3100 Members

Denmark
Local Area
208 Members

Team Fundación Paraguaya
Common Interest
45 Members

Tampa Bay, Florida
Local Area
74 Members

Journal entries for Lucy Jackson


Loan has been disbursed
 
Entrepreneur: Lucy Jackson
Location: Cape Coast, Ghana

Thank you for your loan. It has been disbursed to Lucy Jackson 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 Cape Coast, Ghana
Apr 8, 2009
Comment on this entry

Kiva Help Repayment Schedule for Lucy Jackson

  Expected Repayments Actual Repayments Comments
July 2009 $145.00 $145.00 Repayment Received
August 2009 $145.00 $145.00 Repayment Received
September 2009 $217.50 $217.50 Repayment Received
October 2009 $145.00 $145.00 Repayment Received
November 2009 $72.50 $72.50 Repayment Received