Robert Kennedy Sarpong
Status: Paid Back
| $600 |
Loan Request
Pre-Disbursed
: Nov 14, 2008
Listed: Dec 15, 2008
Funded: Dec 16, 2008
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| $600 |
Paid Back
Ended: Jul 15, 2009
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About the Field Partner
| Sinapi Aba Trust (SAT) administers this loan. Learn more | |||||||
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| Field Partner: | Sinapi Aba Trust (SAT) | ||||||
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| Field Partner Risk Rating: | |||||||
| Fundraising Status: | Active | ||||||
| Time on Kiva: | 27 months | ||||||
| Kiva Entrepreneurs: | 6786 | ||||||
| Total Loans: | $3,606,150 | ||||||
| Interest & Fees are Charged: | Yes (Learn more) | ||||||
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| Delinquency Rate: | 0.00% | ||||||
| Default Rate: | 0.00% | ||||||
| Currency Exchange Loss Rate: | 0.00% | ||||||
| More on this field partner >> | |||||||
About the Country
| Country: | Ghana |
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| Avg Annual Income: | $2,643 |
| Currency: | Ghana Cedis (GHS) |
| Exchange Rate: | 1.1889 GHS = 1 USD |
About the Loan
| Location: | Accra, Ghana | Repayment Term: | 9 months (more info) |
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| Activity: | Retail | Repayment Schedule: | Monthly | |
| Loan Use: | To buy gifts shop items like love cards & success cards and other game equipment, etc. | Currency Exchange Loss: | Covered | |
| Default Protection: | Covered |
Robert Kennedy Sarpong is a teacher for young students. He operates a game shop where kids come to play TV games such as soccer, Nintendo, boxing, etc., in his neighborhood during their vacation and leisure period. He started his operation two years ago.
He is a 39-year-old father of three kids who are currently in school. In addition to the TV games, he also operates a gift shop and sells items like love cards & success cards. Interestingly, he runs these business concurrently. With his good customer service many clients comes there to play games during their leisure time.
With the loan, Robert wants to buy more gifts cards to increase his stock so that he can make additional income to sustain the other area of his business. He also hopes to increase his savings to provide his kids with a quality education, as a teacher acknowledging the importance of education. He would appreciate the assistance very much.
He is a member of the group called Vibrant Group. Members in this group guarantee and support one another in repaying the loan. His picture was taking when he was visited.
He is a 39-year-old father of three kids who are currently in school. In addition to the TV games, he also operates a gift shop and sells items like love cards & success cards. Interestingly, he runs these business concurrently. With his good customer service many clients comes there to play games during their leisure time.
With the loan, Robert wants to buy more gifts cards to increase his stock so that he can make additional income to sustain the other area of his business. He also hopes to increase his savings to provide his kids with a quality education, as a teacher acknowledging the importance of education. He would appreciate the assistance very much.
He is a member of the group called Vibrant Group. Members in this group guarantee and support one another in repaying the loan. His picture was taking when he was visited.
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Journal entries for Robert Kennedy Sarpong
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Loan has been disbursed
Location: Accra, Ghana
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Posted by
from Accra, Ghana
Dec 17, 2008 |
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Comment on this entry
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Repayment Schedule for Robert Kennedy Sarpong
Repayment Schedule for Robert Kennedy Sarpong
| Expected Repayments | Actual Repayments | Comments | |||
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| March 2009 | $138.48 | $138.48 |  Repayment Received
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| April 2009 | $92.32 | $0.00 | Repayment Received
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| May 2009 | $92.32 | $46.16 | Repayment Received
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| June 2009 | $92.32 | $0.00 | Repayment Received
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| July 2009 | $92.32 | $323.01 | Repayment Received
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| August 2009 | $92.24 | $92.35 | Repayment Received
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