Edward

Status: Paying Back

$825
Loan Request
Pre-Disbursed : Oct 2, 2009
Listed: Oct 7, 2009
Funded: Oct 7, 2009
33% repaid

About the Country

Country:Ghana
Avg Annual Income:$2,643
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4590 GHS = 1 USD


About the Loan

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Location: Dormaa, Ghana   Repayment Term: 8 months
(more info)
Activity: Natural Medicines   Repayment Schedule: Monthly
Loan Use: To buy herb   Currency Exchange Loss: Possible
      Default Protection: Covered

Edward is sixty – two years old. He is married and has give birth to seven children, all in school. He lives with his wife and some of her children in a rented apartment in a town called Dormaa in the Brong Ahafo Region of Ghana. Dormaa is a commercial and farming town. Edward is a herbalist. He prepares all kinds of concoctions and from leaves, roots and tree barks. Edward supplies to local drug stores and also treks to nearby communities to sell. He has been in business for over twenty years. He wants a loan to buy herbs and other ingredients in bulk.


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Journal entries for Edward


Loan has been disbursed
 
Entrepreneur: Edward
Location: Dormaa, Ghana

Thank you for your loan. It has been disbursed to edward 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 Dormaa, Ghana
Oct 8, 2009
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Kiva Help Repayment Schedule for Edward

  Expected Repayments Actual Repayments Comments
January 2010 $137.50 $137.50 Repayment Received
February 2010 $137.50 $137.50 Repayment Received
March 2010 $137.50 Available Mar 1  
April 2010 $137.50 Available Apr 1  
May 2010 $137.50 Available May 1  
June 2010 $137.50 Available Jun 1