Aba Nomah


Status: Paying Back - Delinquent

$425.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Aba Nomah
Location: Cape Coast, Ghana
Activity: Fish Selling

About the Loan

Loan Amount: $425.00
Loan Use: increase her capital to buy more fish to sell at the market
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 1, 2009
Date Disbursed: Jun 26, 2009
Date Funded:Jul 2, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4840 GHS = 1 USD



Aba Nomah sells fish. She goes to the shore to buy fresh fish and then smokes it before selling it at the market at Kormatse near Cape Coast which she has been doing since 2002. Aba has no educational background. She is married and has four children; her husband is a fisherman



She is responsible for paying for her children’s education. Her loan will be used to increase her capital to buy more fish to sell at the market. She hopes to use the profits she gains to further expand her business.



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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Lenders to this entrepreneur

Laurent D
Brussels,
Belgium

Glenda
www.kivafriends.org, Madison, WI
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Val & Derek
Thornton, Colorado
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Toni
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Betty
Boulder, CO
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Ms M's economics class
New South Wales
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Glenn
Oakland, CA
United States

Gladys
Austin, PA
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A&U
Houston, TX
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Vanessa
Brooklyn, NY
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Fagrell
Eksjö, Hjältevad, Småland
Sweden

Anonymous
Solingen,
Germany

John
Gainesville, Florida
United States



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Journal entries for Aba Nomah


Loan has been disbursed
 
Entrepreneur: Aba Nomah
Location: Cape Coast, Ghana

Thank you for your loan. It has been disbursed to Aba Nomah 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
Jul 3, 2009
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Kiva Help Repayment Schedule for Aba Nomah

  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