Afia Frimah

Status: Paid Back

$450
Loan Request
Pre-Disbursed : Feb 25, 2009
Listed: Mar 2, 2009
Funded: Mar 2, 2009
$450
Paid Back
Ended: Aug 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643
Currency:Ghana Cedis (GHS)
Exchange Rate:1.3996 GHS = 1 USD


About the Loan

Location: Sunyani, Ghana   Repayment Term: 7 months
(more info)
Activity: Water Distribution   Repayment Schedule: Monthly
Loan Use: To procure sachet water and kerosene.   Currency Exchange Loss: Covered
      Default Protection: Covered
Afia Frimah is the 50-year-old divorced mother of two sons and two daughters. One of her children has completed senior high school and yearns for more eduction, while the rest are in senior high, junior high and primary schools. Afia lives with the children in a rented apartment in Dormaa Ahenkro, an agricultural community in the Brong Ahafo region of Ghana, about a 45-minute drive from Sunyani, the regional capital.



She works very hard to support the family and, most importantly, to settle the children’s school bills. One of her businesses is selling iced water by the roadside to passersby and other road users, procuring the water in sachets from distributers. On sunny days, patronage is strong. Afia also sells kerosene, a fuel used in lanterns and stoves, to the people in her neighborhood. She has been in business 15 years and is now requesting a loan to procure the sachet water and fuel in bulk. Her goal is to give all her children the best education she can afford.


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Journal entries for Afia Frimah


Loan has been disbursed
 
Entrepreneur: Afia Frimah
Location: Sunyani, Ghana

Thank you for your loan. It has been disbursed to Afia Frimah by Sinapi Aba Trust (SAT) in Ghana. We are excited to watch this business grow. Over the 5 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 Sunyani, Ghana
Mar 3, 2009
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Kiva Help Repayment Schedule for Afia Frimah

  Expected Repayments Actual Repayments Comments
June 2009 $100.00 $100.00 Repayment Received
July 2009 $100.00 $100.00 Repayment Received
August 2009 $100.00 $100.00 Repayment Received
September 2009 $150.00 $150.00 Repayment Received