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Faustina
Faustina A. is a 45-year-old trader. She is divorced and the mother of two children. Her older child is a seamstress and her younger child is a journalist in a radio station at Kumasi. As a single parent, the responsibility of the family rest on her shoulders. She is a very resourceful mother whose hard work brings livelihood to the family.

Faustina supports her two grandchildren through the sale of used clothing, curtains, clothing materials and bedsheets. There is a large market for used clothing, curtains, and bedsheets in Ghana, because brand new clothes are very expensive for the economically active poor. She has been in this business for eighteen years.

Sales of used clothing have created a market for many women. Faustina travels to the nearby city of Accra to purchase her stock of goods. She wants to use the loan to buy more bales of used clothing and clothing materials to increase her inventory. She normally concentrates on bedsheets and used towel sales.



She believes this loan will help her save for her children's future and also to rent a store to trade. Faustina belongs to a village bank called "Tabitha Kum." These words can be found in Luke 8:54 in the Bible.

About Ghana

  • $2,643
    Average annual income
  • 40
    View loans »
    Ghana Loans Fundraising
  • $11,344,450
    Funds lent in using Kiva
  • 1.4
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Faustina to buy increased bales of used clothing and clothing materials.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2009
Listed
Apr 1, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009