This loan has been FULLY FUNDED by 15 lenders!

Peter Adu
|

Status: Paid Back

$425
Loan Request
Pre-Disbursed : Jun 18, 2009
Listed: Jun 29, 2009
Funded: Jun 29, 2009
$425
Paid Back
Ended: Jan 15, 2010
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About the Loan

Location: Suhum, Ghana   Repayment Term: 8 months
(more info)
Activity: Electrical Goods   Repayment Schedule: Monthly
Loan Use: To buy electrical goods in bulk   Currency Exchange Loss: Covered
      Default Protection: Covered
Peter Adu is forty years old, married, and has four children, all of whom are still in school. He lives with his wife and children in a rented apartment in a busy commercial town called Suhum in the Eastern Region of Ghana.

Peter works to be able to provide for his family. He is an electrician by profession and also deals in electrical goods. He sells electrical goods in a store by the roadside in his community.

Peter has been in business for nineteen years and wants a loan to buy electrical goods in bulk. He aspires to sponsor all his children in school to the higher levels.


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About the Country

Country:Ghana
Avg Annual Income:$2,643
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4955 GHS = 1 USD
15 Lenders to this Entrepreneur

delee
oakville, Ontario
Canada

Anonymous

AKFCS 6th Grade
Worcester, MA
United States

Arcola KoreanAmericans
Norwood, NJ
United States

Laura & Jerome
Houilles, Ile-de-France
France

Sandro
Vicenza, Vicenza
Italy

Anonymous
Baltimore, MD
United States

Scott
Grants Pass, OR
United States

Anonymous
Orangeville, Ontario
Canada

Rajendra
Littleton, CO
United States

Lain
Stratford, Ontario
Canada

Michael & Gretchen
Fort Collins, CO
United States

AMY LAUREN
Peabody, MA
United States



Top Lending Teams for this Entrepreneur


TEC 355
Other
1 Member

Journal entries for Peter Adu


Subject: Loan has been disbursed
Location: Suhum, Ghana

Thank you for your loan. It has been disbursed to Peter Adu by Sinapi Aba Trust (SAT) in Ghana. We are excited to watch this business grow. Over the 6 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 Suhum, Ghana
Jun 30, 2009
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Kiva Help Repayment Schedule for Peter Adu

  Expected Repayments Actual Repayments Comments
September 2009 $70.83 $70.83 Repayment Received
October 2009 $70.83 $70.83 Repayment Received
November 2009 $70.83 $70.83 Repayment Received
December 2009 $70.83 $70.83 Repayment Received
January 2010 $70.83 $70.83 Repayment Received
February 2010 $70.85 $70.85 Repayment Received