Felicia Andoh


Status: Paying Back - Delinquent

$800.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Felicia Andoh
Location: Cape Coast, Ghana
Activity: Food Market

About the Loan

Loan Amount: $800.00
Loan Use: To buy more groundnut, beans, millet and maize in larger quantities for distribution to her customers.
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 26, 2009

About the Country

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



Felicia Andoh sells food supplies like onions, beans, groundnut, maize and others at Kotokoraba in Cape Coast. Felicia has received a junior high school education. She is married and has two children. Her husband is a carpenter.

Felicia has been selling food supplies like beans, groundnut, maize and others since 2001. She is responsible for helping her husband pay school fees for the children and also the utility bills. Her loan will be used to buy more groundnut, beans, millet and maize in larger quantities for distribution to her customers. 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 Felicia Andoh


Loan has been disbursed
 
Entrepreneur: Felicia Andoh
Location: Cape Coast, Ghana

Thank you for your loan. It has been disbursed to Felicia Andoh 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 27, 2009
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Kiva Help Repayment Schedule for Felicia Andoh

  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