Emmanuel Keh


Status: Paying Back - Delinquent

$425.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Emmanuel Keh
Location: Hohoe, Ghana
Activity: Weaving

About the Loan

Loan Amount: $425.00
Loan Use: To buy difference kind of colors of triad and twine to weave
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 24, 2009
Date Disbursed: Jun 12, 2009
Date Funded:Jun 24, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4899 GHS = 1 USD



Emmanuel Keh is a young kente weaver at Ahado in Hohoe. Emmanuel has received basic education. He is married and has two children. His wife is also weaver of kente cloth. Kente is a traditional woven cloth with different colors of triads and twines that is mostly worn on special occasions to portray the rich culture of Ghana.

Emmanuel is responsible for paying for the financial needs of his children. His loan will be used to buy different kinds of colors of triads and twine to weave. He hopes to save the new 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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Laurie
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Journal entries for Emmanuel Keh


Loan has been disbursed
 
Entrepreneur: Emmanuel Keh
Location: Hohoe, Ghana

Thank you for your loan. It has been disbursed to Emmanuel Keh 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 25, 2009
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Kiva Help Repayment Schedule for Emmanuel Keh

  Expected Repayments Actual Repayments Comments
October 2009 $70.83 $0.00 Delinquent
November 2009 $70.83 $0.00 Delinquent
December 2009 $70.83 Available Dec 1  
January 2010 $70.83 Available Jan 1  
February 2010 $70.83 Available Feb 1  
March 2010 $70.85 Available Mar 1