Mary Wiredu
Status: Paying Back - Delinquent
| $375.00 | Loan Amount |
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About the Entrepreneur
| Name: | Mary Wiredu |
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| Location: | Siwdo, Ghana |
| Activity: | Food Market |
About the Loan
| Loan Amount: | $375.00 |
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| Loan Use: | To purchase corn oil and other food supplies for selling |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Apr 22, 2009 |
| Date Disbursed: | Apr 8, 2009 |
| Date Funded: | Apr 22, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Christian Rural Aid Network (CRAN) |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 23 months |
| Kiva Entrepreneurs: | 2430 |
| Total Loans: | $1,055,925 |
| Delinquency Rate: | 55.59% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Ghana |
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| Avg Annual Income: | $2,643.00 |
| Currency: | Ghana Cedis (GHS) |
| Exchange Rate: | 1.4284 GHS = 1 USD |
Mary uses her income to pay for feeding and clothing her family. Mary will use the loan to purchase corn oil and other food supplies for selling. With the new profits from her expanded business, Mary plans to reinvest.
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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Journal entries for Mary Wiredu
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Loan has been disbursed
Location: Siwdo, Ghana
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Posted by
from Siwdo, Ghana
Apr 23, 2009 |
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Comment on this entry
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Repayment Schedule for Mary Wiredu
Repayment Schedule for Mary Wiredu
| Expected Repayments | Actual Repayments | Comments | |||
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| August 2009 | $62.50 | $62.50 |  Repayment Received
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| September 2009 | $62.50 | $62.50 | Repayment Received
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| October 2009 | $62.50 | $0.00 |  Delinquent
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| November 2009 | $62.50 | $0.00 | Delinquent
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| December 2009 | $62.50 | Available Dec 1 | |||
| January 2010 | $62.50 | Available Jan 1 | |||
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