Dora Yaa


Status: Paid Back

$850.00   Loan Request
$850.00   Paid Back

About the Entrepreneur

Name: Dora Yaa
Location: Oda, Ghana
Activity: Grocery Store

About the Loan

Loan Amount: $850.00
Loan Use: To buy cartons of evaporated milk, bags of rice, canned food and drinks, cooking oil, etc.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 21, 2009
Date Disbursed: Apr 16, 2009
Date Funded:Apr 21, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4349 GHS = 1 USD



Dora Yaa is a twenty-nine-year-old trader. She is married with one child who is currently attending school. Her child is in school with the help of the government's free compulsory education. It is Dora's daily dream to provide quality education for her child and for the children who are yet to come.


She lives at a family house in Takroase in the eastern region of Ghana. Within the community, there are diverse businesses, including miners and farmers. Dora owns and operates a grocery store with items like rice, canned food and drinks,cooking oil, biscuits, candy and evaporated milk. Dora says commodity prices are rising in the market, making it difficult to meet her target. She wants to use the loan to buy cartons of evaporated milk, bags of rice, canned food and drinks and cooking oil to increase her stock of goods. With increased stock in different varieties, she hopes to make more income to provide for her child's educational needs. Dora belongs to a village bank called 1st Kings.



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Journal entries for Dora Yaa


Loan has been disbursed
 
Entrepreneur: Dora Yaa
Location: Oda, Ghana

Thank you for your loan. It has been disbursed to Dora Yaa by Sinapi Aba Trust (SAT) in Ghana. We are excited to watch this business grow. Over the 5 months of this loan, Sinapi Aba Trust (SAT) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Oda, Ghana
Apr 22, 2009
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Kiva Help Repayment Schedule for Dora Yaa

  Expected Repayments Actual Repayments Comments
July 2009 $85.00 $85.00 Repayment Received
August 2009 $170.00 $170.00 Repayment Received
September 2009 $170.00 $170.00 Repayment Received
October 2009 $170.00 $170.00 Repayment Received
November 2009 $170.00 $170.00 Repayment Received
December 2009 $85.00 $85.00 Repayment Received