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Margaret
Although she has received no prior formal education, Margaret is an entrepreneur. She works as a petty trader in Apewosika (near Cape Coast). She has been involved in this enterprise for 1 year. Margaret is married and has 3 children. Her husband works as a teacher. The proceeds from her business normally go towards helping her husband cover the family’s general expenses and pay their children’s school fees. Margaret wants to use her loan to increase her current inventory levels, hence allowing her to sell greater quantities of biscuits, groundnuts, and gari. In the long term, Margaret plans to reinvest future profits into her business, thus helping her expand and meet the needs of rising customer demands.

About Ghana

  • $3,500
    Average annual income
  • 15
    View loans »
    Ghana Loans Fundraising
  • $12,610,025
    Funds lent in using Kiva
  • 2.0
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Margaret to purchase inventory to sell greater quantities of biscuits, groundnuts, and gari.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2013
Listed
Jun 9, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 19, 2013