Mary Essoun
Status: Paying Back - Delinquent
| $225.00 | Loan Amount |
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0% repaid
About the Entrepreneur
| Name: | Mary Essoun |
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| Location: | Elmina, Ghana |
| Activity: | Food Market |
About the Loan
| Loan Amount: | $225.00 |
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| Loan Use: | Mary will use the loan to purchase more foodstuffs. |
| 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 Field Partner
About the Field Partner
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| Field Partner: | Christian Rural Aid Network (CRAN) |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 23 months |
| Kiva Entrepreneurs: | 2430 |
| Total Loans: | $1,055,925 |
| Delinquency Rate: | 55.59% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Ghana |
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| Avg Annual Income: | $2,643.00 |
| Currency: | Ghana Cedis (GHS) |
| Exchange Rate: | 1.4950 GHS = 1 USD |
Mary Essoun is married and has 5 dependants. She has received no formal education. Mary sells food at Amissanu in Elmina, which she has done since 2004. Her husband works at KEEA District Assembly. Mary uses her income to pay bills. Mary will use the loan to purchase more foodstuffs. With the new profits from her expanded business, Mary plans to reinvest.
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.
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 Mary Essoun
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Loan has been disbursed
Location: Elmina, Ghana
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Posted by
from Elmina, Ghana
Jul 23, 2009 |
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Comment on this entry
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Repayment Schedule for Mary Essoun
Repayment Schedule for Mary Essoun
| Expected Repayments | Actual Repayments | Comments | |||
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| November 2009 | $37.50 | $0.00 |  Delinquent
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| 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 | |||
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