Comfort Koufie


Status: Paying Back - Delinquent

$375.00   Loan Amount
16% repaid

About the Entrepreneur

Name: Comfort Koufie
Location: Siwdo, Ghana
Activity: Grocery Store

About the Loan

Loan Amount: $375.00
Loan Use: Purchase more provisions to sell.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 11, 2009
Date Disbursed: May 6, 2009
Date Funded:May 11, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4271 GHS = 1 USD



Comfort Koufie is a store operator who sells provisions like milk, Milo and soap, at Siwdo near Cape Coast. She is married with two children and has received an education through senior high school. Comfort has been selling provisions for four years and her husband is an upholstery worker. She is responsible for paying her family’s bills and for providing their food. Her loan will be used to purchase more provisions to sell. Comfort hopes to use the profits to reinvest in her business.



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 Comfort Koufie


Loan has been disbursed
 
Entrepreneur: Comfort Koufie
Location: Siwdo, Ghana

Thank you for your loan. It has been disbursed to Comfort Koufie 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 Siwdo, Ghana
May 12, 2009
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Kiva Help Repayment Schedule for Comfort Koufie

  Expected Repayments Actual Repayments Comments
September 2009 $62.50 $62.50 Repayment Received
October 2009 $62.50 $0.00 Delinquent
November 2009 $62.50 $0.00 Delinquent
December 2009 $62.50 Available Dec 1  
January 2010 $62.50 Available Jan 1  
February 2010 $62.50 Available Feb 1