Juliana Nartey

Status: Paid Back

$600
Loan Request
Pre-Disbursed : Dec 3, 2008
Listed: Dec 4, 2008
Funded: Dec 17, 2008
$600
Paid Back
Ended: Aug 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643
Currency:Ghana Cedis (GHS)
Exchange Rate:1.1889 GHS = 1 USD


About the Loan

Location: Kasoa, Ghana   Repayment Term: 9 months
(more info)
Activity: Food Market   Repayment Schedule: Monthly
Loan Use: Buy bulk gallons of palm oil   Currency Exchange Loss: Covered
      Default Protection: Covered
Juliana Nartey is a 38-year-old woman and married with four children in school. For the past four years, Juliana Nartey has been trading in palm oil. She treks to Asamang, a town in the Eastern region of Ghana, to purchase palm oil in bulk from the producers and then resells it to her customers. She says increased prices of rice and fuel have affected her working capital, and she can no longer buy enough quantity.

She hopes the loan will enable her to inject more capital into her business to meet the demands of the market. She wants to use the loan to buy bulk gallons of palm oil to avoid price hikes and frequent trips. She hopes to increase her savings to support her husband in paying the children’s school fees. She is a member of the group called 'Mount Calvary' Trust Group. Members agree to serve as social collateral by guarantying repayment of the loans.





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Journal entries for Juliana Nartey


Loan has been disbursed
 
Entrepreneur: Juliana Nartey
Location: Kasoa, Ghana

Thank you for your loan. It has been disbursed to Juliana Nartey by Sinapi Aba Trust (SAT) in Ghana. We are excited to watch this business grow. Over the 7 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 Kasoa, Ghana
Dec 18, 2008
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Kiva Help Repayment Schedule for Juliana Nartey

  Expected Repayments Actual Repayments Comments
March 2009 $85.72 $85.72 Repayment Received
April 2009 $85.72 $0.00 Repayment Received
May 2009 $85.72 $85.71 Repayment Received
June 2009 $85.72 $0.00 Repayment Received
July 2009 $85.72 $257.14 Repayment Received
August 2009 $128.58 $128.58 Repayment Received
September 2009 $42.82 $42.85 Repayment Received