Elizabeth Boakye
| $725 |
Loan Request
Pre-Disbursed
: Mar 26, 2009
Listed: Apr 1, 2009
Funded: Apr 7, 2009
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| $725 |
Paid Back
Ended: Oct 15, 2009
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About the Field Partner
| Sinapi Aba Trust (SAT) administers this loan. Learn more | |||||||
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| Field Partner: | Sinapi Aba Trust (SAT) | ||||||
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| 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) | ||||||
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| 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: | 1.4135 GHS = 1 USD |
About the Loan
| Location: | Cape Coast, Ghana | Repayment Term: | 8 months (more info) |
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|---|---|---|---|---|
| Activity: | Traveling Sales | Repayment Schedule: | Monthly | |
| Loan Use: | To increase her stock of cooking utensils, clothing, slippers, etc. | Currency Exchange Loss: | Covered | |
| Default Protection: | Covered |
Elizabeth is a trader who deals with assorted products such as cooking utensils, clothing, ladies' slippers, etc. and mostly sells through hawking, that is house-to-house selling. She has been in the trade for 22 years now. With her humorous behavior, she has attracted lots of customers who purchase from her.
Elizabeth treks to Accra to purchase her stock of goods. Recently she has been facing challenges in her business as a result of inadequate funds to buy stock. She request a loan amount to buy more supplies of such products as cooking utensils, clothing, and ladies' slippers, which are frequently demanded by her numerous customers.
With the loan she should be able to make lots of profit to build a store to reduce the frequent walking in the street to sell. She belongs to a village bank called Bethel. She would be grateful for your assistance.
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Journal entries for Elizabeth Boakye
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Loan has been disbursed
Location: Cape Coast, Ghana
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Posted by
from Cape Coast, Ghana
Apr 8, 2009 |
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Comment on this entry
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Repayment Schedule for Elizabeth Boakye
Repayment Schedule for Elizabeth Boakye
| Expected Repayments | Actual Repayments | Comments | |||
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| July 2009 | $145.00 | $145.00 |  Repayment Received
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| August 2009 | $145.00 | $145.00 | Repayment Received
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| September 2009 | $217.50 | $217.50 | Repayment Received
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| October 2009 | $145.00 | $145.00 | Repayment Received
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| November 2009 | $72.50 | $72.50 | Repayment Received
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