Kate Boakewaa


Status: Paid Back

$725.00   Loan Request
$725.00   Paid Back

About the Entrepreneur

Name: Kate Boakewaa
Location: Mampong, Ghana
Activity: Pharmacy

About the Loan

Loan Amount: $725.00
Loan Use: Buy increased supplies of pharmaceutical drugs.
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 22, 2009
Date Disbursed: Mar 16, 2009
Date Funded:Mar 22, 2009
Loan Ended:Sep 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4041 GHS = 1 USD



Kate Boakyewaa is 57 years old. She is married with five children. She lives at Mampong with her family. Currently all of her children are in school. She is a chemical seller and Kate also sells various kinds of drugs like blood tonic, pain killers, malaria drugs etc. in her neighborhood. Many local people patronize her drugs as first aid and cure when they are sick. She has been in business for twenty years and the only person who supplies pharmaceutical products in the community. Kate's chemical is registered to operate by Ghana pharmaceutical council. She wants to use the loan to increase her supplies of drugs to include others that are frequently requested by her customers. Kate hopes to raise good income to take care of her family. She also hopes to receive GH¢1000 to make business progress by restocking her inventory. This would enable her to save more to support her children in school. Kate belongs to a village bank called ‘Naomi’.

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Journal entries for Kate Boakewaa


Loan has been disbursed
 
Entrepreneur: Kate Boakewaa
Location: Mampong, Ghana

Thank you for your loan. It has been disbursed to Kate Boakewaa by Sinapi Aba Trust (SAT) in Ghana. We are excited to watch this business grow. Over the 5 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 Mampong, Ghana
Mar 23, 2009
Comment on this entry

Kiva Help Repayment Schedule for Kate Boakewaa

  Expected Repayments Actual Repayments Comments
June 2009 $72.50 $72.50 Repayment Received
July 2009 $145.00 $145.00 Repayment Received
August 2009 $217.50 $217.50 Repayment Received
September 2009 $145.00 $145.00 Repayment Received
October 2009 $145.00 $145.00 Repayment Received