Margaret Mccarthy
Status: Paid Back
| $325 |
Loan Request
Pre-Disbursed
: Dec 17, 2008
Listed: Dec 24, 2008
Funded: Dec 24, 2008
|
|---|---|
| $325 |
Paid Back
Ended: Aug 15, 2009
|
About the Field Partner
| Sinapi Aba Trust (SAT) administers this loan. Learn more | |||||||
|
|||||||
| Field Partner: | Sinapi Aba Trust (SAT) | ||||||
|---|---|---|---|---|---|---|---|
| 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) | ||||||
| |||||||
| Delinquency Rate: | 0.00% | ||||||
| Default Rate: | 0.00% | ||||||
| Currency Exchange Loss Rate: | 0.00% | ||||||
| More on this field partner >> | |||||||
About the Country
| Country: | Ghana |
|---|---|
| Avg Annual Income: | $2,643 |
| Currency: | Ghana Cedis (GHS) |
| Exchange Rate: | 1.2666 GHS = 1 USD |
About the Loan
| Location: | Obuasi, Ghana | Repayment Term: | 9 months (more info) |
|
|---|---|---|---|---|
| Activity: | Fish Selling | Repayment Schedule: | Monthly | |
| Loan Use: | To buy fresh fish in bulk | Currency Exchange Loss: | Covered | |
| Default Protection: | Covered |
Margaret McCarthy is a 35-year-old man. He is married and has five children. The first born, a son, is independent, while two are in the college currently. The last two are also in junior high school. Margaret works to support her husband financially. She is a fishmonger. She buys fresh fish from cold stores in the nearby cities and smokes them. She distributes to food vendors in her community and also sells in the market square. She says she has been in business for twelve years. Margaret wants a loan to procure fresh fish in bulk so that she can distribute to more customers. Margaret belongs to a Trust Bank group called “Kingdom.” The members in the group guarantee for one another as collateral so as to access the loan.
Subscribe
Lenders to this entrepreneur
Journal entries for Margaret Mccarthy
|
Loan has been disbursed
Location: Obuasi, Ghana
|
|
|
Posted by
from Obuasi, Ghana
Dec 25, 2008 |
|
|
Comment on this entry
|
|
Repayment Schedule for Margaret Mccarthy
Repayment Schedule for Margaret Mccarthy
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| March 2009 | $25.00 | $25.00 |  Repayment Received
|
||
| April 2009 | $50.00 | $25.00 | Repayment Received
|
||
| May 2009 | $50.00 | $25.00 | Repayment Received
|
||
| June 2009 | $50.00 | $6.24 | Repayment Received
|
||
| July 2009 | $50.00 | $143.75 | Repayment Received
|
||
| August 2009 | $50.00 | $50.00 | Repayment Received
|
||
| September 2009 | $50.00 | $50.01 | Repayment Received
|
||
| 
