Milicent Eshun


Status: Paying Back - Delinquent

$700.00   Loan Amount
16% repaid

About the Entrepreneur

Name: Milicent Eshun
Location: Elmina, Ghana
Activity: Soft Drinks

About the Loan

Loan Amount: $700.00
Loan Use: To buy buy more soft drinks for selling.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 18, 2009
Date Disbursed: May 6, 2009
Date Funded:May 19, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4644 GHS = 1 USD



Milicent Eshun is trader who sells soft drinks in Elmina and she has been selling soft drinks since 1977. Milicent has received training in college. She is now a single parent with five dependents and she is responsible for paying school fees and bills. Milicent will use the loan to buy more soft drinks for selling. She hopes to save some of the additional profit that will result from the loan and also to purchase some land.



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

WebCare
Adelaide, South Australia
Australia

Elizabeth
Dublin, Dublin
Ireland

Laurence
Antibes,
France

Kunal
Dubai, Dubai
United Arab Emirates

Ramona
KivaFriends.org, Berlin
Germany

bryan
Middlesbrough, Cleveland
United Kingdom

Todd
Emmaus, PA
United States

Russell
Annandale, VA
United States

jan & john
kivafriends.org, Calgary, AB
Canada

Daryl
Arcadia, CA
United States

Karen
Tallahassee, FL
United States

Silje
Bergen, R
Norway

Pamela
Surrey, British Columbia
Canada

Jim

Rebecca
lexington, MA
United States

Anonymous
Oakland, CA
United States

Hanne
New York, NY
United States

Maupin
Nekokoku,

Ken
Sydney, Nova Scotia
Canada

Anonymous
Burien, WA
United States

M. Bethany McElroy
Kingman, AZ
United States

Staff of VGRS
Kings Park, Victoria

Russell
Redmond, OR
United States

Barbie
Dayton, NV
United States

Mark
Anacortes, WA
United States



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Journal entries for Milicent Eshun


Loan has been disbursed
 
Entrepreneur: Milicent Eshun
Location: Elmina, Ghana

Thank you for your loan. It has been disbursed to Milicent Eshun 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 Elmina, Ghana
May 20, 2009
Comments (1)

Kiva Help Repayment Schedule for Milicent Eshun

  Expected Repayments Actual Repayments Comments
September 2009 $116.67 $116.67 Repayment Received
October 2009 $116.67 $0.00 Delinquent
November 2009 $116.67 $0.00 Delinquent
December 2009 $116.67 Available Dec 1  
January 2010 $116.67 Available Jan 1  
February 2010 $116.65 Available Feb 1