Georgina Nyame
Status: Paying Back - Delinquent
| $200.00 | Loan Amount |
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0% repaid
About the Entrepreneur
| Name: | Georgina Nyame |
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| Location: | Abura, Ghana |
| Activity: | Home Products Sales |
About the Loan
| Loan Amount: | $200.00 |
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| Loan Use: | To buy more saucepans for resale |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Jul 23, 2009 |
| Date Disbursed: | Jul 3, 2009 |
| Date Funded: | Jul 23, 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: | 1.5001 GHS = 1 USD |
Georgina Nyame sells saucepans in Abura. She is married and has two children. Her husband is a carpenter. Georgina has received no formal education. Georgina has been selling saucepans since 2005. She is responsible for paying for housekeeping expenses. Her loan will be invested in the business to buy more saucepans for resale. She hopes to use the new profits from her business to build.
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 Georgina Nyame
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Loan has been disbursed
Location: Abura, Ghana
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Posted by
from Abura, Ghana
Jul 24, 2009 |
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Comment on this entry
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Repayment Schedule for Georgina Nyame
Repayment Schedule for Georgina Nyame
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| November 2009 | $33.33 | $0.00 |  Delinquent
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| December 2009 | $33.34 | Available Dec 1 | |||
| January 2010 | $33.33 | Available Jan 1 | |||
| February 2010 | $33.33 | Available Feb 1 | |||
| March 2010 | $33.34 | Available Mar 1 | |||
| April 2010 | $33.33 | Available Apr 1 | |||
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