Ekow Dadzie


Status: Paying Back - Delinquent

$350.00   Loan Amount
16% repaid

About the Entrepreneur

Name: Ekow Dadzie
Location: Cape Coast, Ghana
Activity: Retail

About the Loan

Loan Amount: $350.00
Loan Use: To purchase more engine oil to sell to fishermen
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 15, 2009
Date Disbursed: May 6, 2009
Date Funded:May 18, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4474 GHS = 1 USD



Ekow Dadzie is married with two children and has received an education through junior high school. He works as a taxi driver and trader selling engine oil for boats in Cape Coast, which he has done since 2008. His wife makes her living as a fishmonger. Ekow uses his income to pay for utilities, school fees and food for his family. He will use the loan to purchase more engine oil to sell to the fishermen and with the new profits from his expanded business Ekow plans to build more houses.



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

Good Dogg
Front Porch, www.kivafriends.org
United States

SCOTT & JULIE
Gympie, Queensland
Australia

David
Stayton, OR
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nathan
Dallas, TX

NumbNut
Goonellabah, NSW
Australia

Laurent D
Brussels,
Belgium

Per Erik
Stockholm,
Sweden

Judith
Winterthur,
Switzerland

Becki
Capitola, CA
United States

Zack
San Francisco, CA
United States

Linden and advisees
Walnut Creek, CA
United States

Anonymous
Fort Collins, CO
United States

Fabio
New York, NY
United States

Douglas
Houston, TX
United States



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Journal entries for Ekow Dadzie


Loan has been disbursed
 
Entrepreneur: Ekow Dadzie
Location: Cape Coast, Ghana

Thank you for your loan. It has been disbursed to Ekow Dadzie 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 Cape Coast, Ghana
May 19, 2009
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Kiva Help Repayment Schedule for Ekow Dadzie

  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