Lydia Somani
| $575 |
Loan Request
Pre-Disbursed
: May 1, 2009
Listed: May 9, 2009
Funded: May 9, 2009
|
|---|---|
| $575 |
Paid Back
Ended: Nov 15, 2009
|
About the Field Partner
| Sinapi Aba Trust (SAT) administers this loan. Learn more | |||||||
|
|||||||
| Field Partner: | Sinapi Aba Trust (SAT) | ||||||
|---|---|---|---|---|---|---|---|
| Field Partner Risk Rating: | |||||||
| Fundraising Status: | Active | ||||||
| Time on Kiva: | 27 months | ||||||
| Kiva Entrepreneurs: | 6786 | ||||||
| Total Loans: | $3,606,150 | ||||||
| Interest & Fees are Charged: | Yes (Learn more) | ||||||
| |||||||
| Delinquency Rate: | 0.00% | ||||||
| Default Rate: | 0.00% | ||||||
| Currency Exchange Loss Rate: | 0.00% | ||||||
| More on this field partner >> | |||||||
About the Country
| Country: | Ghana |
|---|---|
| Avg Annual Income: | $2,643 |
| Currency: | Ghana Cedis (GHS) |
| Exchange Rate: | 1.4475 GHS = 1 USD |
About the Loan
| Location: | Accra, Ghana | Repayment Term: | 7 months (more info) |
|
|---|---|---|---|---|
| Activity: | Grocery Store | Repayment Schedule: | Monthly | |
| Loan Use: | To purchase groceries in bulk for re-sale | Currency Exchange Loss: | Covered | |
| Default Protection: | Covered |
Lydia runs a grocery shop to help her husband support the family. She has been in business for two years now. She sells items such as tins of Milo (malted milk powder), milk, sugar, bread, tinned fish, etc. Lydia procures her goods from wholesalers in the big cities such as Accra.
She wants a loan to expand the size of her shop and also buy goods in bulk. She hopes to increase her profit margin to enable her to save more to support her family, especially her kids' education. She belongs to a trust bank group called ‘shining star’. The group members guarantee for one another as collateral to access the loan.
Subscribe
Jimmy
Dallas, TX
United States
Glen
Tokyo,
Japan
Jason
Weston, CT
United States
Nicole
sydney, New South Wales
Australia
David & Arlene
Scottsdale, AZ
United States
The3dStudio.com
Mesa, AZ
United States
Cayetano
MOAÑA, Pontevedra
Spain
doreen
Beverly Hills, CA
United States
Brion
Loveland, CO
United States
June
Long Beach, CA
United States
Jacqueline
Flushing, NY
United States
Betty
Mercer Island, WA
United States
theresa
oro valley, AZ
United States
Dawn
Los Angeles, CA
United States
Barry
North Sydney, Nova Scotia
Canada
Erica
Gainesville, FL
United States
Top Lending Teams for this entrepreneur
Journal entries for Lydia Somani
|
Loan has been disbursed
Location: Accra, Ghana
|
|
|
Posted by
from Accra, Ghana
May 10, 2009 |
|
|
Comment on this entry
|
|
Repayment Schedule for Lydia Somani
Repayment Schedule for Lydia Somani
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| 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 | $115.00 | $115.00 | Repayment Received
|
||
| December 2009 | $115.00 | $115.00 | Repayment Received
|
||
| 
