Tidjani Shaibu Adamu


Status: Paying Back - Delinquent

$800.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Tidjani Shaibu Adamu
Location: Siwdo, Ghana
Activity: Electronics Sales

About the Loan

Loan Amount: $800.00
Loan Use: His loan will be used to buy electrical appliances to sell
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 28, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.5003 GHS = 1 USD



Tidjani Shaibu Adamu sells electrical appliances at Kotokoraba in Cape Coast. Tidjani Shaibu has received technical institutional training. He is married and has 10 dependents. His wife is a trader. Tidjani Shaibu has been selling electrical appliances since 1993. He is responsible for paying school fees. His loan will be used to buy electrical appliances to sell. He hopes to reinvest his new profits in his 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.

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Journal entries for Tidjani Shaibu Adamu


Loan has been disbursed
 
Entrepreneur: Tidjani Shaibu Adamu
Location: Siwdo, Ghana

Thank you for your loan. It has been disbursed to Tidjani Shaibu Adamu 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 Siwdo, Ghana
Jul 29, 2009
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Kiva Help Repayment Schedule for Tidjani Shaibu Adamu

  Expected Repayments Actual Repayments Comments
November 2009 $133.33 $0.00 Delinquent
December 2009 $133.34 Available Dec 1  
January 2010 $133.33 Available Jan 1  
February 2010 $133.33 Available Feb 1  
March 2010 $133.34 Available Mar 1  
April 2010 $133.33 Available Apr 1