Yaa
Status: Paying Back
| $625.00 | Loan Amount |
|---|
0% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Yaa |
|---|---|
| Location: | Mampong, Ghana |
| Activity: | Food Market |
About the Loan
| Loan Amount: | $625.00 |
|---|---|
| Loan Use: | To purchase banana and salt in bulk. |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 25, 2009 |
| Date Disbursed: | Oct 16, 2009 |
| Date Funded: | Oct 25, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Sinapi Aba Trust (SAT) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 24 months |
| Kiva Entrepreneurs: | 5558 |
| Total Loans: | $2,913,700 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Ghana |
|---|---|
| Avg Annual Income: | $2,643.00 |
| Currency: | Ghana Cedis (GHS) |
| Exchange Rate: | 1.4400 GHS = 1 USD |
Yaa is 32 years old. She is married with four children, and currently, all her children are in school. Yaa enjoys sales, the business through which she makes money to support her family. She works very hard with the passion of providing brighter future opportunities for her children. She is a petty trader who has been selling bananas and local salt for ten years now.
Yaa buys bananas from villages and retails them to her customers at a profit. With the loan, she wants to inject more capital into her business to buy stock in bulk.
Being able to buy in bulk is advantageous because it is a hedge against price hikes and also helps avoid frequent travel to fill demand. She hopes to use part of her profit to finance the education of her children.
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Journal entries for Yaa
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Loan has been disbursed
Location: Mampong, Ghana
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Posted by
from Mampong, Ghana
Oct 26, 2009 |
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Comment on this entry
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Repayment Schedule for Yaa
Repayment Schedule for Yaa
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $104.17 | Available Jan 1 | |||
| February 2010 | $104.16 | Available Feb 1 | |||
| March 2010 | $104.17 | Available Mar 1 | |||
| April 2010 | $104.17 | Available Apr 1 | |||
| May 2010 | $104.16 | Available May 1 | |||
| June 2010 | $104.17 | Available Jun 1 | |||
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