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Kofi
Kofi O. is 32 years old. He is married and has one little kid who is currently in school. Kofi sells traveling bags and suitcases in the local market of Goaso, a town where he lives. He buys his supply of bags from importers at wholesale prices and sells to his customers at retail prices.



Kofi is requesting this loan to enable him to procure an increased stock of traveling bags and suitcases. He hopes the loan will enable him to increase his savings to expand his shop, to rent a shop to house his goods. He belongs to the community group called Amofa Trust Group. In this group, members agree to guarantee for each other as social collateral to repay the loan.

About Ghana

  • $2,643
    Average annual income
  • 17
    View loans »
    Ghana Loans Fundraising
  • $11,207,575
    Funds lent in using Kiva
  • 1.1
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Kofi to procure an increased stock of traveling bags and suitcases.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 22, 2008
Listed
Sep 8, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009