Humid Idriss


Status: Paying Back - Delinquent

$675.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Humid Idriss
Location: Cape Coast, Ghana
Activity: Spare Parts

About the Loan

Loan Amount: $675.00
Loan Use: To buy more car parts and food supplies
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 13, 2009

About the Country

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



Humid Idriss sells car parts like tires and food supplies like rice and groundnuts at Salt Pond near Cape Coast. Humid has received education through senior high school. He is married and has two dependants. His wife is a trader. Humid has been selling car parts and food supplies like rice and groundnuts since 1999. He is responsible for feeding his family and paying utility bills and school fees. His loan will be used to increase his capital to buy more car parts and food supplies for sale at the market. He hopes to use the new profits from his business to care his 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 Humid Idriss


Loan has been disbursed
 
Entrepreneur: Humid Idriss
Location: Cape Coast, Ghana

Thank you for your loan. It has been disbursed to Humid Idriss 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 14, 2009
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Kiva Help Repayment Schedule for Humid Idriss

  Expected Repayments Actual Repayments Comments
October 2009 $112.50 $0.00 Delinquent
November 2009 $112.50 $0.00 Delinquent
December 2009 $112.50 Available Dec 1  
January 2010 $112.50 Available Jan 1  
February 2010 $112.50 Available Feb 1  
March 2010 $112.50 Available Mar 1