Dora Teye


Status: Paid Back

$625.00   Loan Request
$625.00   Paid Back

About the Entrepreneur

Name: Dora Teye
Location: Somanya, Ghana
Activity: Clothing Sales

About the Loan

Loan Amount: $625.00
Loan Use: To buy tie & dye textiles in bulk
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 20, 2009
Date Disbursed: Jan 15, 2009
Date Funded:Jan 20, 2009
Loan Ended:Sep 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.3173 GHS = 1 USD



Dora Naki is a mother of three children. She is fifty years old and has lost her husband some years ago. Dora lives with her children in Koforidua, in the Eastern Region of Ghana. Koforidua is the capital of the region. It is a busy town, full of business activities. Dora says she has been the sole provider of all the family’s needs. All her three children are out of school and are working. Some are professional teachers.

Dora trades in textiles materials. She buys tie & dye textiles from the producers in Accra and treks to other towns to sell her products. Tie & dye is a local textile that is produced by tying either the white or colored mercerized cotton with raffia and then dying by immersion or sprinkling. The raffia prevents the dye from penetrating into the areas that have been tied. Dora has been in business for eight years. She wants a loan so that she can buy textiles on a larger scale and be able to trek to many places to sell.

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Journal entries for Dora Teye


Loan has been disbursed
 
Entrepreneur: Dora Teye
Location: Somanya, Ghana

Thank you for your loan. It has been disbursed to Dora Teye by Sinapi Aba Trust (SAT) in Ghana. We are excited to watch this business grow. Over the 7 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 Somanya, Ghana
Jan 21, 2009
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Kiva Help Repayment Schedule for Dora Teye

  Expected Repayments Actual Repayments Comments
May 2009 $96.16 $96.16 Repayment Received
June 2009 $144.24 $0.00 Repayment Received
July 2009 $96.16 $240.33 Repayment Received
August 2009 $96.16 $96.21 Repayment Received
September 2009 $96.16 $96.18 Repayment Received
October 2009 $96.12 $96.12 Repayment Received