Millicent Yeboah


Status: Paying Back

$425.00   Loan Amount
66% repaid

About the Entrepreneur

Name: Millicent Yeboah
Location: Sefwi Wiawso, Ghana
Activity: Cloth & Dressmaking Supplies

About the Loan

Loan Amount: $425.00
Loan Use: To purchase products in bulk
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 22, 2009
Date Disbursed: Jun 11, 2009
Date Funded:Jun 23, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4882 GHS = 1 USD



Millicent is single and has no children. Currently she is dependent and lives in a rented apartment.
She lives in Sefwi in the western region of Ghana. She is a 26-year-old trader who trades in clothing materials. She is a very hardworking young lady who works very hard to cater to herself and her business. She trades in garment cloth and lace materials. This is a business she has done for seven years. Lace material is very useful in room and office decorations. She treks to Kumasi to buy her stock of goods. For lack of adequate working capital, Millicent buys a few stocks of lace materials and garment cloth and sells through hawking. She sells her goods through hawking and she does that during the market days in the surrounding communities. For this reason she requests loan support to make business progress. She believes the loan will enable her to grow her business to the expected level. With the loan, she wants to purchase in bulk lace materials, garment cloths and textiles. She belongs to the village bank called ‘Doduo’, which means plenty.


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Journal entries for Millicent Yeboah


Loan has been disbursed
 
Entrepreneur: Millicent Yeboah
Location: Sefwi Wiawso, Ghana

Thank you for your loan. It has been disbursed to Millicent Yeboah by Sinapi Aba Trust (SAT) in Ghana. We are excited to watch this business grow. Over the 6 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 Sefwi Wiawso, Ghana
Jun 24, 2009
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Kiva Help Repayment Schedule for Millicent Yeboah

  Expected Repayments Actual Repayments Comments
September 2009 $70.83 $70.83 Repayment Received
October 2009 $70.83 $70.83 Repayment Received
November 2009 $70.83 $70.83 Repayment Received
December 2009 $70.83 $70.83 Repayment Received
January 2010 $70.83 Available Jan 1  
February 2010 $70.85 Available Feb 1