Florence Annor

Status: Paid Back

$700
Loan Request
Pre-Disbursed : Apr 16, 2009
Listed: Apr 24, 2009
Funded: Apr 24, 2009
$700
Paid Back
Ended: Nov 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4316 GHS = 1 USD


About the Loan

Location: Oda, Ghana   Repayment Term: 8 months
(more info)
Activity: Food Production/Sales   Repayment Schedule: Monthly
Loan Use: To buy palm nuts, rice, vegetables, meat and firewood, etc.   Currency Exchange Loss: Covered
      Default Protection: Covered
Florence Annor is thirty-nine years old. She is married with five children who are currently in school. Her husband works with a sanitation agency called Zoom lion waste management. She is a food vendor and has served food like rice and stew for eight years now. Because of the tasty meals she prepares, she has attracted lots of customers who buy from her stand, so the demand is very high. Therefore she asks for loan support to buy more bags of rice, vegetable oil, meats and other ingredients to increase her food production and flavor. She believes this will help expand her business and raise more income to help her husband support the family and to finance her children’s education. Florence belongs to the village bank called Nkwagyedom which means 'savior of the many'.

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Journal entries for Florence Annor


Loan has been disbursed
 
Entrepreneur: Florence Annor
Location: Oda, Ghana

Thank you for your loan. It has been disbursed to Florence Annor 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 Oda, Ghana
Apr 25, 2009
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Kiva Help Repayment Schedule for Florence Annor

  Expected Repayments Actual Repayments Comments
July 2009 $70.00 $70.00 Repayment Received
August 2009 $140.00 $140.00 Repayment Received
September 2009 $140.00 $140.00 Repayment Received
October 2009 $140.00 $140.00 Repayment Received
November 2009 $140.00 $140.00 Repayment Received
December 2009 $70.00 $70.00 Repayment Received