Ekelia

Status: Paying Back

$700
Loan Request
Pre-Disbursed : Nov 5, 2009
Listed: Nov 13, 2009
Funded: Nov 15, 2009
16% repaid

About the Country

Country:Ghana
Avg Annual Income:$2,643
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4328 GHS = 1 USD


About the Loan

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Location: Kade, Ghana   Repayment Term: 8 months
(more info)
Activity: Food Market   Repayment Schedule: Monthly
Loan Use: to buy a bulk supply of maize, groundnuts, and beans, etc.   Currency Exchange Loss: Possible
      Default Protection: Covered
Ekelia, 40, is divorced with six children. Four are in school and the others are currently working. She is supportive, determined and above all very hard-working as a single mother. She is a petty trader who sells bags of maize, beans, vegetables, spices, smoked fish, etc. and has a grocery shop attached to the petty trading. She takes delivery of stock from the Kade central market. Her kids are very proud of her because of the enormous contribution she makes in the home.



Selling of foodstuffs has enabled her to rent a store in the marketplace where she distributes to her customers. She wants to use the loan to buy more foods such as maize, beans and vegetables, spices and smoked fish, etc. to increase her inventory. She believes this loan will help her save for her children’s education. She would be grateful for your assistance.


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Journal entries for Ekelia


Loan to Ekelia in Ghana has been 100% funded
 
Entrepreneur: Ekelia
Location: Kade, Ghana

Thanks to you and 21 other Kiva Lenders, the 700.00 loan requested by Ekelia in Ghana has been 100% funded. The loan will be used for the purpose of: to buy a bulk supply of maize, groundnuts, and beans, etc..

Over the months of this loan, Kiva’s Field Partner in Ghana, Sinapi Aba Trust (SAT), will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kade, Ghana
Nov 15, 2009
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Kiva Help Repayment Schedule for Ekelia

  Expected Repayments Actual Repayments Comments
February 2010 $116.67 $116.67 Repayment Received
March 2010 $116.67 Available Mar 1  
April 2010 $116.67 Available Apr 1  
May 2010 $116.67 Available May 1  
June 2010 $116.67 Available Jun 1  
July 2010 $116.65 Available Jul 1