Regina Asmah


Status: Paying Back - Delinquent

$225.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Regina Asmah
Location: Elmina, Ghana
Activity: Food Production/Sales

About the Loan

Loan Amount: $225.00
Loan Use: To buy more meat and food stuffs to increase her food production and sales.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 22, 2009
Date Disbursed: Jul 10, 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



Regina Asmah is a food vender at Amissanu in Elmina. She has a small shed in which she sells. Regina has received primary education. She is married and has 5 dependants. Her husband is a teacher. Regina has been selling food since 2001. She is responsible for paying bills. Her loan will be used to buy more meat and foodstuffs to increase her food production and sales. She hopes to use the new profits from her business to save and help children to further their education.



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 Regina Asmah


Loan has been disbursed
 
Entrepreneur: Regina Asmah
Location: Elmina, Ghana

Thank you for your loan. It has been disbursed to Regina Asmah 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 Elmina, Ghana
Jul 23, 2009
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Kiva Help Repayment Schedule for Regina Asmah

  Expected Repayments Actual Repayments Comments
November 2009 $37.50 $0.00 Delinquent
December 2009 $37.50 Available Dec 1  
January 2010 $37.50 Available Jan 1  
February 2010 $37.50 Available Feb 1  
March 2010 $37.50 Available Mar 1  
April 2010 $37.50 Available Apr 1