Ussif Sharif

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: Tailoring   Repayment Schedule: Monthly
Loan Use: To buy fabric in bulk   Currency Exchange Loss: Covered
      Default Protection: Covered
Ussif Sharif is married and the father of three children, all females. He is thirty-eight years old. His first born child is in senior high school, and the others are in the primary school. He lives with his family in a rented apartment in a commercial town called Bekwai, close to Obuasi (a gold mining town) in the Ashanti Region of Ghana. The majority of the inhabitants of Bekwai are into commercial activities. Ussif is a tailor by profession.

He buys fabrics and accessories from Kumasi and sews for retail sale. He procures the materials and sews for people who place an order, but he does not charge a deposit. His shop is situated right at the main entrance of the local market square. As a result, Ussif says he wins many customers. He has been in business for seventeen years and has trained a number of apprentices who have graduated. He has some apprentices who are still in training. Ussif says he wants a loan to buy a variety of materials in bulk. It is his dream to put up a house for his family and to give his children the best education possible.


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Journal entries for Ussif Sharif


Loan has been disbursed
 
Entrepreneur: Ussif Sharif
Location: Obuasi, Ghana

Thank you for your loan. It has been disbursed to Ussif Sharif 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 Ussif Sharif

  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