This loan has been FULLY FUNDED by 19 lenders!

Grace Yeboah
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Status: Paid Back

$525
Loan Request
Pre-Disbursed : Mar 5, 2009
Listed: Mar 9, 2009
Funded: Mar 9, 2009
$525
Paid Back
Ended: Sep 15, 2009
Looking for a Fundraising Loan?

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About the Loan

Location: Obuasi, Ghana   Repayment Term: 7 months
(more info)
Activity: Bakery   Repayment Schedule: Monthly
Loan Use: To procure bags of flour and ingredients to make bread to sell   Currency Exchange Loss: Covered
      Default Protection: Covered
Grace Yeboah is thirty eight years old. She is married and has given birth to six children, three girls and three boys.. According to her, one of her children is learning a trade. The rest are attending senior high and junior high schools. She lives with her family in a rented apartment in the commercial town of Bekwai, close to Obuasi (a gold mining town, in the Ashanti Region of Ghana. The majority of the inhabitants of Bekwai are into commercial activities. Her husband is a teacher by profession. Grace is a bread baker. She procures bags of flour, sugar, margarine, etc from shops in her community at retail prices. She would like a larger working capital so that she could travel and buy directly from wholesalers at more attractive price. Grace supplies the bread to retailers and beverage sellers in her community. She has been baking bread for seven years and now wants a loan to expand her business. It is her dream to give her children the best of education.



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About the Country

Country:Ghana
Avg Annual Income:$2,643
Currency:Ghana Cedis (GHS)
Exchange Rate:1.3912 GHS = 1 USD
19 Lenders to this Entrepreneur

Mike
Tucker, Georgia
United States

Luca

Italy

Herbert
München,
Germany

Cardinal
Stavanger,
Norway

SwissJim

Switzerland

Raphael
Wildhaus,
Switzerland

Paul
Dallas, TX
United States

John and Georgia
Brisbane, Queensland
Australia

Anonymous
Amherst, MA
United States

Rupert
Frankfurt am Main,
Germany

Thomas
Ft Hood, TX
United States

Corinna
Hamburg,
Germany

Jay
Tempe, AZ
United States

Diana
Vancouver, British Columbia
Canada

G. David
Oakville, Ontario
Canada

Christina
San Francisco, CA
United States

Amy's mom
KivaFriends.org, Midwest
United States

Nathan
Rye, NY
United States



Top Lending Teams for this Entrepreneur


Swiss Kiva
Local Area
232 Members

Boston College
Colleges/Universities
39 Members

KivaFriends.org
Common Interest
1051 Members

Beer Goggles Never Lie... much
Common Interest
58 Members

Australia
Local Area
1855 Members

Journal entries for Grace Yeboah


Subject: Loan has been disbursed
Location: Obuasi, Ghana

Thank you for your loan. It has been disbursed to Grace Yeboah 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 Obuasi, Ghana
Mar 10, 2009
Comment on this entry

Kiva Help Repayment Schedule for Grace Yeboah

  Expected Repayments Actual Repayments Comments
June 2009 $105.00 $105.00 Repayment Received
July 2009 $105.00 $105.00 Repayment Received
August 2009 $105.00 $105.00 Repayment Received
September 2009 $105.00 $105.00 Repayment Received
October 2009 $105.00 $105.00 Repayment Received