Stella Yeboah


Status: Paid Back

$575.00   Loan Request
$575.00   Paid Back

About the Entrepreneur

Name: Stella Yeboah
Location: Dorma Ahenkro, Ghana
Activity: Food Market

About the Loan

Loan Amount: $575.00
Loan Use: To buy a bulk supply of plantain
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 23, 2009
Date Disbursed: May 14, 2009
Date Funded:May 23, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4324 GHS = 1 USD



Stella Yeboah is 30-year-old mother with a child who is going to start school. She believes hard work and dedication are the primary antidotes to minimize poverty. As such, she is very serious with her business. Stella has been very resourceful to her family.

Four years ago, Stella started a business of trading food stuff, like plantain. Her major market is the greater Accra of Ghana. She would like a loan to buy a larger supply of plantains to serve her customers throughout the season. In the face of increasing prices due to the current food crisis in the country, she believes a loan can help her buy bulk plantain from farmers to eliminate the high prices from middlemen. Stella belongs to a village bank called ‘Yewoha Nhyira’ that means Jehovah’s Blessing.


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Journal entries for Stella Yeboah


Loan has been disbursed
 
Entrepreneur: Stella Yeboah
Location: Dorma Ahenkro, Ghana

Thank you for your loan. It has been disbursed to Stella Yeboah 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 Dorma Ahenkro, Ghana
May 24, 2009
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Kiva Help Repayment Schedule for Stella Yeboah

  Expected Repayments Actual Repayments Comments
August 2009 $57.50 $57.50 Repayment Received
September 2009 $115.00 $115.00 Repayment Received
October 2009 $115.00 $115.00 Repayment Received
November 2009 $115.00 $115.00 Repayment Received
December 2009 $172.50 $172.50 Repayment Received