Elizabeth Boison


Status: Paying Back - Delinquent

$800.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Elizabeth Boison
Location: Cape Coast, Ghana
Activity: Food Market

About the Loan

Loan Amount: $800.00
Loan Use: To buy more powdered fish and shrimp for resale.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jun 25, 2009
Date Disbursed: Jun 26, 2009
Date Funded:Jun 28, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.5066 GHS = 1 USD



Elizabeth Boison sells powdered fish and shrimp at Kotokoraba in Cape Coast. Elizabeth has received no formal education. She is married and has one child. Her husband is a trader in electronics.

Elizabeth has been selling powdered fish and shrimp since 2003. She is responsible for paying utility bills, food and school fees for her child. Her loan will be used to buy more powdered fish and shrimp for resale. She hopes to use the new profit from her business to support her husband in saving towards a house they want to build for the family.



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 Elizabeth Boison


Loan has been disbursed
 
Entrepreneur: Elizabeth Boison
Location: Cape Coast, Ghana

Thank you for your loan. It has been disbursed to Elizabeth Boison 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 Cape Coast, Ghana
Jun 29, 2009
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Kiva Help Repayment Schedule for Elizabeth Boison

  Expected Repayments Actual Repayments Comments
October 2009 $133.33 $0.00 Delinquent
November 2009 $133.33 $0.00 Delinquent
December 2009 $133.33 Available Dec 1  
January 2010 $133.33 Available Jan 1  
February 2010 $133.33 Available Feb 1  
March 2010 $133.35 Available Mar 1