Abraham Tag
Status: Paying Back - Delinquent
| $550.00 | Loan Amount |
|---|
0% repaid
About the Entrepreneur
| Name: | Abraham Tag |
|---|---|
| Location: | Elmina, Ghana |
| Activity: | Fishing |
About the Loan
| Loan Amount: | $550.00 |
|---|---|
| Loan Use: | Abraham will use the loan to purchase materials for fishing. |
| 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 24, 2009 |
About the Field Partner
About the Field Partner
|
|
| Field Partner: | Christian Rural Aid Network (CRAN) |
|---|---|
| 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 |
|---|---|
| Avg Annual Income: | $2,643.00 |
| Currency: | Ghana Cedis (GHS) |
| Exchange Rate: | 1.5003 GHS = 1 USD |
Abraham Tag is married and has 4 dependents. He has received schooling through senior high school. Abraham has been selling fish in Bantoma since 1999. His wife is a trader. Abraham uses his income to pay school fees and other bills. Abraham will use the loan to purchase materials for fishing. Abraham plans to reinvest the new profits from his expanded 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.
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.
Subscribe
Lenders to this entrepreneur
Matt & Katie
North Balgowlah, New South Wales
Australia
Clear Light Digital
St Kilda, Victoria
Australia
Chris
Kelowna, BC
Canada
Mike
Albany, CA
United States
Davo
Lyneham, Australian Capital Territory
Australia
andrea
dubai, United Arab Emirates
United Arab Emirates
Nick
London, London
United Kingdom
Michael
Lawrenceville, GA
United States
Adam
Bloomington, MN
United States
Wolfgang
Baden-Wuerttemberg
Germany
Ferrante
Louisville, Kentucky
United States
manon
adlkjlh,
Netherlands
Anonymous
Ryan
Red Wing, MN
United States
Noella
Calgary, Alberta
Canada
Anonymous
Brooklyn, NY
United States
Melissa
Cedar City, UT
United States
Top Lending Teams for this entrepreneur
Journal entries for Abraham Tag
|
Loan has been disbursed
Location: Elmina, Ghana
|
|
|
Posted by
from Elmina, Ghana
Jul 25, 2009 |
|
|
Comment on this entry
|
|
Repayment Schedule for Abraham Tag
Repayment Schedule for Abraham Tag
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| November 2009 | $91.66 | $0.00 |  Delinquent
|
||
| December 2009 | $91.67 | Available Dec 1 | |||
| January 2010 | $91.66 | Available Jan 1 | |||
| February 2010 | $91.67 | Available Feb 1 | |||
| March 2010 | $91.66 | Available Mar 1 | |||
| April 2010 | $91.68 | Available Apr 1 | |||
| 
