Evelyn Avevor


Status: Paying Back - Delinquent

$350.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Evelyn Avevor
Location: Hohoe, Ghana
Activity: Clothing Sales

About the Loan

Loan Amount: $350.00
Loan Use: Buy variety of fabrics to sell and sew.
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 19, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4751 GHS = 1 USD



Evelyn Avevor is married and has two children. She has a junior high school education. Evelyn is a seamstress and also sells fabrics in Abotoase, near Hohoe. Her husband is a teacher in the Ghana Education Service, who lives on a low income.


Evelyn uses her income to help her husband take care of home and parenting expenses. Evelyn will use the loan to buy fabrics to sell and sew for her customers. With the profits Evelyn plans to save.



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 Evelyn Avevor


Loan has been disbursed
 
Entrepreneur: Evelyn Avevor
Location: Hohoe, Ghana

Thank you for your loan. It has been disbursed to Evelyn Avevor 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 Hohoe, Ghana
Jun 20, 2009
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Kiva Help Repayment Schedule for Evelyn Avevor

  Expected Repayments Actual Repayments Comments
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 $58.33 Available Feb 1  
March 2010 $58.35 Available Mar 1