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Frank
Frank O. is 59 years old. He is married with five kids, 2 of whom who are still in school. Frank is a dealer in assorted paints, nails, roofing sheets, hammers, PVC pipes, and similar hardware at Tema, a town where he has lived with his family for nine years. He buys his supplies at wholesale prices from importers in the greater Accra of Ghana, and then sells to his customers at retail prices.

Frank requests the loan to enable him procure increased stock of merchandise to accelerate business progress. With the loan, he hopes to increase his savings so that he can expand his shop to include the sale of cement. He would be very grateful for your support.

Frank is a member of the community group called the Angels Trust Group. In this group, members vouch for one another as social collateral to repay the loan. Frank's picture was taken at one of their group meetings.

About Ghana

  • $3,500
    Average annual income
  • 39
    View loans »
    Ghana Loans Fundraising
  • $11,582,250
    Funds lent in using Kiva
  • 1.2
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Frank to purchase more stock of assorted paints, nails, sandpaper, hammers, etc.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 27, 2008
Listed
Nov 28, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009