Martha Gyambrah


Status: Paying Back - Delinquent

$350.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Martha Gyambrah
Location: Abura, Ghana
Activity: Used Clothing

About the Loan

Loan Amount: $350.00
Loan Use: Martha will use the loan to buy second hand clothes for resale.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 21, 2009
Date Disbursed: Jul 3, 2009
Date Funded:Jul 22, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4950 GHS = 1 USD



Martha Gyambrah is married and has two children. She has received schooling through senior high school. Martha sells second hand clothing in Abura, which she has done since 2001. Martha uses her income to pay for food and to pay bills. Martha will use the loan to buy second hand clothes for resale. Martha plans to reinvest the new profits from her expanded 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

Anonymous
Oslo, Oslo
Norway

Antonia
KivaFriends.org, Malcantone
Switzerland

Stephen
New York, NY
United States

Jasdeep
Austin, TX
United States

neddotcom
worldwide, OR
United States

globalista
Washington, DC
United States

Barbara
New Orleans, LA
United States

Paula
MI
United States

Basit and Camilla
UPPSALA,
Sweden

Kristi
Hollywood, FL
United States

Catherine
Seattle, WA
United States



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Journal entries for Martha Gyambrah


Loan has been disbursed
 
Entrepreneur: Martha Gyambrah
Location: Abura, Ghana

Thank you for your loan. It has been disbursed to Martha Gyambrah 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 Abura, Ghana
Jul 23, 2009
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Kiva Help Repayment Schedule for Martha Gyambrah

  Expected Repayments Actual Repayments Comments
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 $58.33 Available Mar 1  
April 2010 $58.35 Available Apr 1