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Alex
Even though Alex grew up in poverty without an education, this has not stopped him from fulfilling his dream of achieving a better life for him and his family.

Currently, Alex is an entrepreneur. He sells charcoal in Ekumfi-Twa (near Cape Coast). His business has grown substantially since he started it six years ago. He uses the income from his business to support his eight children.

Alex has identified that there is growing demand for his product. However, he is unable to meet this demand due to limited capacity. So he aims to use his loan to purchase additional firewood to make more charcoal to sell.

With the new profits from his expanded business, Alex wants to ensure that all his children will be given the opportunity to further distance their family from poverty.

About Ghana

  • $3,500
    Average annual income
  • 13
    View loans »
    Ghana Loans Fundraising
  • $12,270,275
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Alex to purchase additional firewood to make more charcoal to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2013
Listed
May 2, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013