Yaa Baby


Status: Paid Back

$425.00   Loan Request
$425.00   Paid Back

About the Entrepreneur

Name: Yaa Baby
Location: Oda, Ghana
Activity: Used Clothing

About the Loan

Loan Amount: $425.00
Loan Use: To procure second-hand textiles for re-sale
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 4, 2009
Date Disbursed: Apr 16, 2009
Date Funded:May 4, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4522 GHS = 1 USD



Yaa Baby is forty-one years old. She is married and has given birth to one child, a daughter. She says her daughter who is a hairdresser is currently married and lives with her husband.



Yaa lives with her husband and two other dependents in a rented apartment in a farming/commercial town called Takorase, near Akim Oda in the Eastern Region of Ghana. She is a businesswoman. She sells second-hand textiles – clothes for both sexes and also bedsheets.



Yaa procures bales of textiles from Accra and sells in her community by hawking. She says she also treks to other towns to sell on their market days. She has been in business for five years and desires to expand her business. Yaa is hopeful to improve her standard of living.


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Journal entries for Yaa Baby


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

Thank you for your loan. It has been disbursed to Yaa Baby 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
May 5, 2009
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Kiva Help Repayment Schedule for Yaa Baby

  Expected Repayments Actual Repayments Comments
July 2009 $42.50 $42.50 Repayment Received
August 2009 $85.00 $85.00 Repayment Received
September 2009 $85.00 $85.00 Repayment Received
October 2009 $85.00 $85.00 Repayment Received
November 2009 $85.00 $85.00 Repayment Received
December 2009 $42.50 $42.50 Repayment Received