Margaret Agboyibor
Status: Paying Back - Delinquent
| $275.00 | Loan Amount |
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0% repaid
About the Entrepreneur
| Name: | Margaret Agboyibor |
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| Location: | Hohoe, Ghana |
| Activity: | Food Market |
About the Loan
| Loan Amount: | $275.00 |
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| Loan Use: | To buy peppers and groundnuts for resale |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 20, 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: | 2430 |
| Total Loans: | $1,055,925 |
| Delinquency Rate: | 55.59% |
| 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: | 1.4872 GHS = 1 USD |
Margaret Agboyibor sells peppers, groundnuts (peanuts) and other foodstuffs. She has received no formal education. She is married and has six dependents and is responsible for paying school fees for her children.
Margaret has been selling peppers and groundnuts for some time now. Her loan will be used to buy peppers and groundnuts for resale. She hopes to use the new profits from her business to reinvest to make more profits.
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.
Margaret has been selling peppers and groundnuts for some time now. Her loan will be used to buy peppers and groundnuts for resale. She hopes to use the new profits from her business to reinvest to make more profits.
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 Margaret Agboyibor
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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 Margaret Agboyibor
Repayment Schedule for Margaret Agboyibor
| Expected Repayments | Actual Repayments | Comments | |||
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| October 2009 | $45.84 | $0.00 |  Delinquent
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| November 2009 | $45.84 | $0.00 | Delinquent
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| December 2009 | $45.84 | Available Dec 1 | |||
| January 2010 | $45.84 | Available Jan 1 | |||
| February 2010 | $45.84 | Available Feb 1 | |||
| March 2010 | $45.80 | Available Mar 1 | |||
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