Felicia Bondzie


Status: Paying Back - Delinquent

$350.00   Loan Amount
16% repaid

About the Entrepreneur

Name: Felicia Bondzie
Location: Abura, Ghana
Activity: Bakery

About the Loan

Loan Amount: $350.00
Loan Use: Business capital, including the purchase of bread and flour
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 1, 2009
Date Disbursed: May 6, 2009
Date Funded:Jun 1, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4853 GHS = 1 USD



Felicia Bondzie sells Bread and Flour at Abura. Felicia has received education through senior high school. Felicia has been selling Bread and Flour since 1999. She is responsible for paying housekeeping expenses and other financial responsibilities. Her loan will be used for reinvestment, savings and the purchase of more bread and flour for resale. She intends to expand her business and also to increase her capital and profits. She hopes to use the new profits from her business to reinvest to expand 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 Felicia Bondzie


Loan has been disbursed
 
Entrepreneur: Felicia Bondzie
Location: Abura, Ghana

Thank you for your loan. It has been disbursed to Felicia Bondzie 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 Abura, Ghana
Jun 2, 2009
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Kiva Help Repayment Schedule for Felicia Bondzie

  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