Rita Yeboah


Status: Paid Back

$1,000.00   Loan Request
$1,000.00   Paid Back

About the Entrepreneur

Name: Rita Yeboah
Location: Mankessim, Ghana
Activity: Food Production/Sales

About the Loan

Loan Amount: $1,000.00
Loan Use: To buy more bunches of plantains, beans, yams and groundnuts.
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 29, 2008
Date Disbursed: Jun 12, 2008
Date Funded:May 29, 2008
Loan Ended:Mar 16, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.0176 GHS = 1 USD



Rita Yeboah is a 45-year-old widow and mother of six children. She lost her husband in a car accident six years ago and has since then been a single parent.

She is really industrious, and she works with the motivation of supporting her children’s education to provide them with better life opportunities in the future. At the moment, two of her children are in school, two have completed school and the last two have not yet started school because of the high financial burden.

She is a food vendor and sells cooked plantains and yams with stew. She also sells groundnuts, beans and yams in the community market.

She wants to use the loan to buy more bunches of plantains, beans, yams and groundnuts to increase her stock of goods. She believes the loan will increase her working capital and offer her the opportunity to increase production so she can earn a good income for her children’s education.

She belongs to the community group called Decency Trust Group. In this group, members guarantee one another as social collateral to access loans and peer pressure to repay the loans.


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Journal entries for Rita Yeboah


Loan has been disbursed
 
Entrepreneur: Rita Yeboah
Location: Mankessim, Ghana

Thank you for your loan. It has been disbursed to Rita Yeboah by Sinapi Aba Trust in Ghana. We are excited to watch this business grow. Over the next 8 months, Sinapi Aba Trust will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Mankessim, Ghana
Jun 12, 2008
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Kiva Help Repayment Schedule for Rita Yeboah

  Expected Repayments Actual Repayments Comments
September 2008 $125.00 $125.00 Repayment Received
October 2008 $125.00 $125.00 Repayment Received
November 2008 $125.00 $125.00 Repayment Received
December 2008 $125.00 $125.00 Repayment Received
January 2009 $125.00 $125.00 Repayment Received
February 2009 $125.00 $125.00 Repayment Received
March 2009 $125.00 $125.00 Repayment Received
April 2009 $125.00 $125.00 Repayment Received