Monica Gariba
Status: Paying Back - Delinquent
| $200.00 | Loan Amount |
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0% repaid
About the Entrepreneur
| Name: | Monica Gariba |
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| Location: | Abura, Ghana |
| Activity: | Food Market |
About the Loan
| Loan Amount: | $200.00 |
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| Loan Use: | To purchase more crates of eggs 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 |
Monica Gariba is a single parent with one child. She has received schooling through junior high school. Since 2006, Monica has sold fresh eggs in Abura. Monica uses her income to pay for house-keeping expenses. Monica will use the loan to purchase more crates of eggs for resale. With the new profits from her expanded business, Monica plans to re-invest.
In the photo, Monica is holding some egg crates on top of her head as an example of what she sells.
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.
In the photo, Monica is holding some egg crates on top of her head as an example of what she sells.
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 Monica Gariba
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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 Monica Gariba
Repayment Schedule for Monica Gariba
| Expected Repayments | Actual Repayments | Comments | |||
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| 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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