Ama Yeboaba


Status: Paying Back - Delinquent

$300.00   Loan Amount
50% repaid

About the Entrepreneur

Name: Ama Yeboaba
Location: Elmina, Ghana
Activity: Bakery

About the Loan

Loan Amount: $300.00
Loan Use: Buy flour to bake more bread.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 24, 2009
Date Disbursed: Mar 27, 2009
Date Funded:Mar 24, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4083 GHS = 1 USD



Ama Yeboaba has been a baker since 1997. She sells bread at Agona, near Elmina. Ama is married with two children and has received no formal education.


Her husband is currently on a pension. She is responsible for helping to financially support her husband in paying rent, utility bills and other basic expenses of the family.


Her loan will be used to buy flour and other ingredients for the baking of bread. She hopes to use the new profits from her business to reinvest, in order to promote expansion of her trade.



Important Information About This Loan
Please note that Kiva considers loans to this Field Partner, CRAN, to be particularly HIGH RISK. This organization has had very serious delinquency problems brought about by problems with its credit methodology, local environmental shocks including a depletion of local fisheries in its core area of operation (Cape Coast and the Central Province), and insufficient follow up with late clients. Lenders to this business should be aware that there is an increased risk of not getting repaid on this loan due to the challenges facing the Field Partner.


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Lenders to this entrepreneur

Edgar Benjamin
Jersey City, NJ
United States

Kimberly
Purcellville, VA
United States

David
Murwillumbah, NSW, New South Wales
Australia

Diane
Evanston, WY
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Lisa
Rushden, Northamptonshire
United Kingdom

Luisa
Menlo Park, CA
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Raf
Christchurch, Canterbury
New Zealand

Lisa
Kelowna, British Columbia
Canada

Derek
Citrus Heights, CA
United States

Anita
KivaFriends.org, Raleigh, NC
United States

Kathleen
Lincoln, CA
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Top Lending Teams for this entrepreneur


Kiva Kiwis
Local Area
176 Members

NYU & Friends - Social Lender's Circle
Alumni Groups
12 Members

Gene Dunlap
Friends
23 Members

Journal entries for Ama Yeboaba


Loan has been disbursed
 
Entrepreneur: Ama Yeboaba
Location: Elmina, Ghana

Thank you for your loan. It has been disbursed to Ama Yeboaba by Christian Rural Aid Network (CRAN) in Ghana. We are excited to watch this business grow. Over the 7 months of this loan, Christian Rural Aid Network (CRAN) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Elmina, Ghana
Mar 27, 2009
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Kiva Help Repayment Schedule for Ama Yeboaba

  Expected Repayments Actual Repayments Comments
July 2009 $50.00 $50.00 Repayment Received
August 2009 $50.00 $50.00 Repayment Received
September 2009 $50.00 $50.00 Repayment Received
October 2009 $50.00 $0.00 Delinquent
November 2009 $50.00 $0.00 Delinquent
December 2009 $50.00 Available Dec 1