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Ama
Ama P. is a 37-year-old mother of two children who are in school. She is very hard working and resourceful. For two years she has been selling charcoal in her neighborhood. Charcoal is a very popular source of energy for cooking in almost all traditional Ghanaian homes. Ama obtains charcoal from the villages surrounding of Obuasi, where she lives, and she retails the charcoal to her customers. She wants to use the loan to buy a bulk supply of charcoal to increase her inventory. She hopes the loan will enable her to increase her savings so she can pay her children's educational fees. She belongs to the community group called Ntoboase Trust Group. In this group, members guarantee the repayment of loans for one another.

About Ghana

  • $2,643
    Average annual income
  • 19
    View loans »
    Ghana Loans Fundraising
  • $11,215,975
    Funds lent in using Kiva
  • 1.2
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Ama to buy bulk supply of charcoal.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 9, 2008
Listed
Sep 25, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009