Comfort Aniwaa


Status: Paying Back - Delinquent

$350.00   Loan Amount
16% repaid

About the Entrepreneur

Name: Comfort Aniwaa
Location: Siwdo, Ghana
Activity: Restaurant

About the Loan

Loan Amount: $350.00
Loan Use: To buy more ingredients, spices and food items for the preparation of food at her restaurant
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 12, 2009
Date Disbursed: May 6, 2009
Date Funded:May 12, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4490 GHS = 1 USD



Comfort Aniwaa is married with three children and has received an education through junior high school. Comfort is responsible for paying bills and feeding her family.

Comfort operates a local restaurant near the Cape Coast regional hospital, selling a variety of local dishes such as fufu, a food that is made out of cassava and plantain pounded together; she has been in business since 2003.

Comfort’s loan will be used to buy more ingredients, spices and food items for the preparation of food at her restaurant. She hopes to use the new profits from her business to reinvest for the 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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Journal entries for Comfort Aniwaa


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

Thank you for your loan. It has been disbursed to Comfort Aniwaa 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 13, 2009
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Kiva Help Repayment Schedule for Comfort Aniwaa

  Expected Repayments Actual Repayments Comments
September 2009 $58.33 $58.33 Repayment Received
October 2009 $58.33 $0.00 Delinquent
November 2009 $58.33 $0.00 Delinquent
December 2009 $58.33 Available Dec 1  
January 2010 $58.33 Available Jan 1  
February 2010 $58.35 Available Feb 1