Hannah Kwakye

Status: Paid Back

$475
Loan Request
Pre-Disbursed : Jan 7, 2009
Listed: Jan 16, 2009
Funded: Jan 16, 2009
$475
Paid Back
Ended: Sep 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643
Currency:Ghana Cedis (GHS)
Exchange Rate:1.2930 GHS = 1 USD


About the Loan

Location: Nkawkaw, Ghana   Repayment Term: 9 months
(more info)
Activity: Farming   Repayment Schedule: Monthly
Loan Use: To buy farm supplies.   Currency Exchange Loss: Covered
      Default Protection: Covered

Hannah Kwakye is 42 years old. She is married and has given birth to four children. All are attending school in Nkawkaw in the Ashanti region of Ghana, where they stay. She is a crop farmer who produces food items such as maize and plantain. She has being farming for the past four years on five hectares of land in the village. In 2007, she was fortunately adjourned the best farmer in her town and she was given a prize. Hannah said initially it was very tough for her, until she met Sinapi, because she did not have adequate funds to buy chemicals to spray the farm. She produces in a large quantity and retails to food suppliers. She also sells at the market square during the market days.



With this loan, she wants to buy more farm supplies and employ more hands on her farm to achieve greater yields this year. In this way, she can supply to a large number of customers to increase her market size, hence, her profit margin. Hannah dreams of providing high quality education for her kids and this dream also depends on you to materialize. She would be grateful for your support.



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Journal entries for Hannah Kwakye


Loan has been disbursed
 
Entrepreneur: Hannah Kwakye
Location: Nkawkaw, Ghana

Thank you for your loan. It has been disbursed to Hannah Kwakye 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 Nkawkaw, Ghana
Jan 17, 2009
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Kiva Help Repayment Schedule for Hannah Kwakye

  Expected Repayments Actual Repayments Comments
April 2009 $33.93 $33.93 Repayment Received
May 2009 $67.86 $33.93 Repayment Received
June 2009 $101.79 $11.30 Repayment Received
July 2009 $67.86 $192.28 Repayment Received
August 2009 $67.86 $67.86 Repayment Received
September 2009 $67.86 $67.86 Repayment Received
October 2009 $67.84 $67.84 Repayment Received