Belawu Mohammed

Status: Paid Back

$650
Loan Request
Pre-Disbursed : Mar 5, 2009
Listed: Mar 9, 2009
Funded: Mar 9, 2009
$650
Paid Back
Ended: Sep 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643
Currency:Ghana Cedis (GHS)
Exchange Rate:1.3912 GHS = 1 USD


About the Loan

Location: Obuasi, Ghana   Repayment Term: 7 months
(more info)
Activity: Food Market   Repayment Schedule: Monthly
Loan Use: To buy more cartons of assorted drinks, bags of sugar, cartons of bottled mineral water, and boxes of biscuit etc.   Currency Exchange Loss: Covered
      Default Protection: Covered
Belawu Mohammed is 50 years old. She is widowed and has four children. All her children are still in school. She owns and operates a grocery shop in her neighborhood where she sells items like sugar, vegetable oil, bottled water, skimmed powdered milk, and biscuits, etc. She also sells other food stuffs like tomatoes, smoked fish, dried fish, onions, pepper, etc.

It has been her dream to expand her shop by adding other food stuffs to her existing products. With the loan, she wants to purchase more crates of assorted drinks, bags of sugar, cartons of vegetable oil, boxes of biscuits, tomatoes, smoked fish, dried fish, onions, spices, groundnuts etc. to increase her inventory. She hopes to improve her savings to support her children in school. She hopes to receive GH¢900 to restock her inventory. Belawu belongs to a village bank called ‘Bamali Allah’ which means ‘It is only God who can do it’.

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Journal entries for Belawu Mohammed


Loan has been disbursed
 
Entrepreneur: Belawu Mohammed
Location: Obuasi, Ghana

Thank you for your loan. It has been disbursed to Belawu Mohammed 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 Obuasi, Ghana
Mar 10, 2009
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Kiva Help Repayment Schedule for Belawu Mohammed

  Expected Repayments Actual Repayments Comments
June 2009 $130.00 $130.00 Repayment Received
July 2009 $130.00 $130.00 Repayment Received
August 2009 $130.00 $130.00 Repayment Received
September 2009 $130.00 $130.00 Repayment Received
October 2009 $130.00 $130.00 Repayment Received