Yaw Boakye


Status: Paid Back

$550.00   Loan Request
$550.00   Paid Back

About the Entrepreneur

Name: Yaw Boakye
Location: Dormaa, Ghana
Activity: Cereals

About the Loan

Loan Amount: $550.00
Loan Use: To buy bags of maize in bulk
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 26, 2009
Date Disbursed: May 14, 2009
Date Funded:May 26, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4687 GHS = 1 USD



Yaw Boakye is twenty-eight years old. He is single but has one child, a son. He says his son is currently in the primary school. He lives with his son in a rented apartment in a town called Kofiase. It is a farming/trading community near Dormaa, the district capital, in the Brong Ahafo region.

Yaw is a trader, trading in cereals - maize. He procures bags of maize from farmers in the nearby communities and sells in the local market to retailers and food vendors. He also treks to other towns to sell.

Yaw has been in business for five years and wants a loan to procure bags of maize in bulk. He is hopeful to expand his business and give his child the best education he can afford.


Subscribe

Lenders to this entrepreneur

Stephen
Vancouver, British Columbia
Canada

Jody
Valparaiso, IN
United States

Season
Lewiston, ME
United States

Alan & Patty
Blanchard, OK
United States

ann

Christopher
London,
United Kingdom

Anonymous
Las Vegas, NV
United States

Brenda
Canmore, Alberta
Canada

Belinda
Nashville, TN
United States

Anonymous
Tiburon, CA
United States

Steven
Austin, TX
United States

loesha
los angeles, CA
United States

GARY S.
Honolulu, HI
United States

Philipp

Canada

Tim
Redmond, WA
United States

Nicholas
Hopkinton, Massachusetts
United States



Top Lending Teams for this entrepreneur


London
Local Area
229 Members

Journal entries for Yaw Boakye


Loan has been disbursed
 
Entrepreneur: Yaw Boakye
Location: Dormaa, Ghana

Thank you for your loan. It has been disbursed to Yaw Boakye 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 27, 2009
Comment on this entry

Kiva Help Repayment Schedule for Yaw Boakye

  Expected Repayments Actual Repayments Comments
August 2009 $55.00 $55.00 Repayment Received
September 2009 $110.00 $110.00 Repayment Received
October 2009 $110.00 $110.00 Repayment Received
November 2009 $110.00 $110.00 Repayment Received
December 2009 $165.00 $165.00 Repayment Received