Kiva Loan Number 9

Gladys Odoom from Ghana has fully repaid a Kiva loan

Location: Kasoa, Ghana

Repayment Term: 8 months (more info)

Activity: Jewelry

Repayment Schedule: Monthly

Loan Use: To purchase assorted jewelry

Currency Exchange Loss: Covered       Default Protection: Covered

Gladys is a trader who sells assorted jewelry. She hawks from one community to the next. She is 28 years old and married with two children. Gladys has insufficient working capital to run her business. With this loan, she plans to inject more working capital into the business to scale it up. She believes the loan will enable her to purchase good quality jewelry in large quantity to upgrade her inventory. She will use part of her profit to finance her kids’ education. She is grateful for the assistance.

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Country: Ghana
Avg Annual Income: $2,643
Currency: Ghana Cedis (GHS)