Cynthia Appiah


Status: Paying Back - Delinquent

$350.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Cynthia Appiah
Location: Abura, Ghana
Activity: Food Production/Sales

About the Loan

Loan Amount: $350.00
Loan Use: To buy maize to prepare more kenkey for sale
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 22, 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



Cynthia Appiah is married and has three children. Her husband is a teacher. She has received schooling through junior high school.

Cynthia sells kenkey at Abura, which she has done since 1999. Kenkey is a Ghanaian dish which is prepared from fermented corn dough that is cooked and wrapped in the corn husk and eaten with hot pepper.

Cynthia uses her income to pay school fees and clothing for the children. She will use the loan to buy maize to prepare more kenkey for sale. With the new profits from her expanded business, she plans to re-invest in 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

Anonymous
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Esther
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Marianne
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neddotcom
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Dimitri
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Michele
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Larry Gay
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Martine
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Brian
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Journal entries for Cynthia Appiah


Loan has been disbursed
 
Entrepreneur: Cynthia Appiah
Location: Abura, Ghana

Thank you for your loan. It has been disbursed to Cynthia Appiah 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 Cynthia Appiah

  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