Rosemary Beli


Status: Paying Back - Delinquent

$350.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Rosemary Beli
Location: Kpando, Ghana
Activity: Restaurant

About the Loan

Loan Amount: $350.00
Loan Use: To purchase more of the non-alcoholic drinks to expand her restaurant
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 8, 2009
Date Disbursed: Jun 12, 2009
Date Funded:Jul 9, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.5133 GHS = 1 USD



Rosemary Beli is married and has eight dependents. She has received schooling through junior high. Her husband is a driver who lives on a small income.

Rosemary is a food vendor and sells non-alcoholic beverages in Kpando, which she has done since 2007. She uses her income solely for the financial expenses of her large family. She will use the loan to purchase more of the non-alcoholic drinks to expand her restaurant.

With the new profits from her expanded business, Rosemary plans to reinvest in the 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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Journal entries for Rosemary Beli


Loan has been disbursed
 
Entrepreneur: Rosemary Beli
Location: Kpando, Ghana

Thank you for your loan. It has been disbursed to Rosemary Beli 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 Kpando, Ghana
Jul 10, 2009
Comments (1)

Kiva Help Repayment Schedule for Rosemary Beli

  Expected Repayments Actual Repayments Comments
October 2009 $58.33 $0.00 Delinquent
November 2009 $58.33 $0.00 Delinquent
December 2009 $58.33 Available Dec 1  
January 2010 $58.33 Available Jan 1  
February 2010 $58.33 Available Feb 1  
March 2010 $58.35 Available Mar 1