John Nissawu
Status: Paying Back - Delinquent
| $350.00 | Loan Amount |
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0% repaid
About the Entrepreneur
| Name: | John Nissawu |
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| Location: | Hohoe, Ghana |
| Activity: | Office Supplies |
About the Loan
| Loan Amount: | $350.00 |
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| Loan Use: | To buy stationery and provisions for resale |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 18, 2009 |
| Date Disbursed: | Jun 12, 2009 |
| Date Funded: | Jun 20, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Christian Rural Aid Network (CRAN) |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 23 months |
| Kiva Entrepreneurs: | 2427 |
| Total Loans: | $1,054,875 |
| Delinquency Rate: | 55.72% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Ghana |
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| Avg Annual Income: | $2,643.00 |
| Currency: | Ghana Cedis (GHS) |
| Exchange Rate: | 1.4751 GHS = 1 USD |
John Nissawu sells stationeries and provisions such as Milo, milk, sugar and other assorted provisions in Abotoase near Hohoe. John has received tertiary education. He is married and has 5 dependants. His wife is a petty trader who earns little for a living. He is responsible for taking care of the financial needs of the dependant. His loan will be used to buy more stationery and provisions to sell. He hopes to reinvest the new profits from his 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.
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 John Nissawu
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Loan has been disbursed
Location: Hohoe, Ghana
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Posted by
from Hohoe, Ghana
Jun 21, 2009 |
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Comment on this entry
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Repayment Schedule for John Nissawu
Repayment Schedule for John Nissawu
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2009 | $58.33 | $0.00 |  Delinquent
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| November 2009 | $58.33 | $0.00 | Delinquent
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| December 2009 | $58.33 | Available Dec 1 | |||
| January 2010 | $58.33 | Available Jan 1 | |||
| February 2010 | $58.33 | Available Feb 1 | |||
| March 2010 | $58.35 | Available Mar 1 | |||
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