Mercy Yeboah


Status: Paid Back

$625.00   Loan Request
$625.00   Paid Back

About the Entrepreneur

Name: Mercy Yeboah
Location: Dormaa, Ghana
Activity: Fish Selling

About the Loan

Loan Amount: $625.00
Loan Use: To procure smoked fish in bulk.
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 24, 2009
Date Disbursed: May 14, 2009
Date Funded:May 24, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4689 GHS = 1 USD



Mercy Yeboah is thirty-eight years old. She is married with five children, one daughter and four sons. She says her children are currently in junior high or primary school. She lives with her children and husband in a rented apartment in Kofiase. Kofiase is a farming and trading community near Dormaa, the district capital in the Brong Ahafo region.



Mercy trades in smoked fish. She procures it from Dormaa and sells in the local market on a table top. She also treks to other towns to sell and trades in vegetables.



Mercy has been in business for two years and wants a loan to procure smoked fish in bulk. She is hopeful that she can expand her business and give her children the best education she can afford.



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Journal entries for Mercy Yeboah


Loan has been disbursed
 
Entrepreneur: Mercy Yeboah
Location: Dormaa, Ghana

Thank you for your loan. It has been disbursed to Mercy 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 Dormaa, Ghana
May 25, 2009
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Kiva Help Repayment Schedule for Mercy Yeboah

  Expected Repayments Actual Repayments Comments
August 2009 $62.50 $62.50 Repayment Received
September 2009 $125.00 $125.00 Repayment Received
October 2009 $125.00 $125.00 Repayment Received
November 2009 $125.00 $125.00 Repayment Received
December 2009 $187.50 $187.50 Repayment Received