Yaa Dufie


Status: Paid Back

$400.00   Loan Request
$400.00   Paid Back

About the Entrepreneur

Name: Yaa Dufie
Location: Kumasi, Ghana
Activity: Used Clothing

About the Loan

Loan Amount: $400.00
Loan Use: To buy more bales of used clothes and shoes.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 22, 2009
Date Disbursed: Jan 16, 2009
Date Funded:Jan 22, 2009
Loan Ended:Sep 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.3162 GHS = 1 USD



Yaa Dufie is a 33 year old trader. She is married with three children who are currently in school. She has sold used clothes through hawking for three years now, in order to take care of her family. With this business, she has been able to support one child's education, who is in the final year in the senior high school. Her major challenge over the years has been the lack of funds to increase her business. Yaa has lots of marketing experience and she is very confident that the loan would enable her to make remarkable business progress.

She wants to use the loan to buy more bales of used clothes and shoes of a greater variety to increase her inventory. She says her greatest joy would be when she is able to provide all her kids with a quality education to make them more resourceful in the future. She hopes to save enough to fulfill this dream of hers. Yaa belongs to a village bank called ‘Good name’.

Yaa lives at Apatrapa, a suburb of Kumasi in the Ashanti region of Ghana. Yaa is fortunate that her husband has built a two bedroom house.

She hopes to receive a loan to make her business progress by restocking her inventory. This would enable her to save more after taking care of the household.


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Journal entries for Yaa Dufie


Loan has been disbursed
 
Entrepreneur: Yaa Dufie
Location: Kumasi, Ghana

Thank you for your loan. It has been disbursed to Yaa Dufie 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 Kumasi, Ghana
Jan 23, 2009
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Kiva Help Repayment Schedule for Yaa Dufie

  Expected Repayments Actual Repayments Comments
May 2009 $61.54 $61.54 Repayment Received
June 2009 $61.54 $0.00 Repayment Received
July 2009 $92.31 $153.78 Repayment Received
August 2009 $61.54 $61.59 Repayment Received
September 2009 $61.54 $61.56 Repayment Received
October 2009 $61.53 $61.53 Repayment Received