Ama Boahemaa


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

Name: Ama Boahemaa
Location: Nkawkaw, Ghana
Activity: Soft Drinks

About the Loan

Loan Amount: $500.00
Loan Use: To buy crates of soft drinks in bulk
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 21, 2009
Date Disbursed: Mar 12, 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



Ama Boahemaa is 60 years old. She is a widowed mother of five children, two males and three females. She says all of them are out of school and living independently. She lives with her grandchildren in a family house in a small farming community called Hweakwae in the Eastern Region of Ghana. The major occupation of the dwellers in this community is farming. The land is rich in nutrients and as a result, good for farming.
Ama is into the business of selling soft drinks. She sells soft drinks such as Coke, Fanta, Sprite, etc. She buys from wholesale dealers in Nkawkaw because of her limited working capital. She keeps the drinks in a fridge to cool and then sells to people in her neighborhood. She wants a loan to procure crates of soft drinks in bulk. It is Ama’s dream to help her grandchildren in school.


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Journal entries for Ama Boahemaa


Loan has been disbursed
 
Entrepreneur: Ama Boahemaa
Location: Nkawkaw, Ghana

Thank you for your loan. It has been disbursed to Ama Boahemaa 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 Nkawkaw, Ghana
Mar 23, 2009
Comment on this entry

Kiva Help Repayment Schedule for Ama Boahemaa

  Expected Repayments Actual Repayments Comments
June 2009 $50.00 $50.00 Repayment Received
July 2009 $100.00 $100.00 Repayment Received
August 2009 $100.00 $100.00 Repayment Received
September 2009 $150.00 $150.00 Repayment Received
October 2009 $100.00 $100.00 Repayment Received