Afia

Status: Paying Back

$475
Loan Request
Pre-Disbursed : Aug 3, 2009
Listed: Aug 7, 2009
Funded: Aug 8, 2009
44% repaid

About the Country

Country:Ghana
Avg Annual Income:$2,643
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4757 GHS = 1 USD


About the Loan

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Location: Abuakwa, Ghana   Repayment Term: 11 months
(more info)
Activity: Grocery Store   Repayment Schedule: Monthly
Loan Use: To buy more bags of rice, bags of sugar, cartons of vegetable oil, boxes of body and hair creams, etc.   Currency Exchange Loss: Possible
      Default Protection: Covered
Afia owns and operates a grocery shop and sells items like rice, sugar, vegetable oil, bottled water, body and hair creams, powdered skim milk, etc. in the area where she lives. She is 42 years old, married and the mother of eight children. Currently, all her children are in school.


She deems this a great opportunity to expand her business to include other items frequently requested by her customers. With her ten years of trading experience, she wants to use this loan to buy more bags of rice, bags of sugar, cartons of vegetable oil, boxes of body and hair creams, etc. to increase her inventory. She hopes to improve sales to enable her to save more money for her children's education.


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Journal entries for Afia


Loan has been disbursed
 
Entrepreneur: Afia
Location: Abuakwa, Ghana

Thank you for your loan. It has been disbursed to Afia by Sinapi Aba Trust (SAT) in Ghana. We are excited to watch this business grow. Over the 9 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 Abuakwa, Ghana
Aug 9, 2009
Comment on this entry

Kiva Help Repayment Schedule for Afia

  Expected Repayments Actual Repayments Comments
November 2009 $52.78 $52.78 Repayment Received
December 2009 $52.78 $52.78 Repayment Received
January 2010 $52.78 $52.78 Repayment Received
February 2010 $52.78 $52.78 Repayment Received
March 2010 $52.78 Available Mar 1  
April 2010 $52.78 Available Apr 1  
May 2010 $52.78 Available May 1  
June 2010 $52.77 Available Jun 1  
July 2010 $52.77 Available Jul 1