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Michael
Michael O. sells spare parts like bolts, nuts and chains at Siwdo near Cape Coast. He is married with three children and has received an education through junior high school. While Michael works as a trader, his wife is employed as a seamstress. He is responsible for paying for school fees, utilities and food. His loan will be used to buy more spare parts for selling. He hopes to use the new profits from his business to add to his capital which will help him expand his trade.

About Ghana

  • $3,500
    Average annual income
  • 13
    View loans »
    Ghana Loans Fundraising
  • $12,276,225
    Funds lent in using Kiva
  • 1.4
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Michael to buy more spare parts for selling.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 6, 2009
Listed
May 15, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 23, 2010