Grace Agbenyo


Status: Paying Back - Delinquent

$350.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Grace Agbenyo
Location: Hohoe, Ghana
Activity: Grocery Store

About the Loan

Loan Amount: $350.00
Loan Use: To buy more provisions for her grocery store
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 14, 2009
Date Disbursed: Jul 28, 2009
Date Funded:Aug 16, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4728 GHS = 1 USD



Grace Agbenyo sells provisions such as canned fish, baked beans, and cocoa beverages in Hohoe. She has received primary education. She is married and has six dependents. Her husband is a trader.

Grace has been selling provisions since 1991. She helps her husband in paying the housekeeping expenses and utility bills. Her loan will be used to buy more provisions for resale. She hopes to reinvest the profits from her 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.

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Lenders to this entrepreneur

EvolutionaryIT
Boston, MA
United States

Wayne
San Diego, CA
United States

Springfield
Beverly Hills, CA
United States

Karl
Dittelbrunn,
Germany

Mark
Oconomowoc, WI
United States

Frances
North Wales, PA
United States

Bob Harris
Los Angeles, CA
United States

Kathleen
baltimore, MD
United States

Howard & Jillian
Vence,
France

Jessie
Dallas, TX
United States

Laurel
Columbia, MO
United States

Doug and Linda
Ontario
Canada



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Journal entries for Grace Agbenyo


Loan has been disbursed
 
Entrepreneur: Grace Agbenyo
Location: Hohoe, Ghana

Thank you for your loan. It has been disbursed to Grace Agbenyo 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 Hohoe, Ghana
Aug 17, 2009
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Kiva Help Repayment Schedule for Grace Agbenyo

  Expected Repayments Actual Repayments Comments
November 2009 $58.33 $0.00 Delinquent
December 2009 $58.33 Available Dec 1  
January 2010 $58.33 Available Jan 1  
February 2010 $58.33 Available Feb 1  
March 2010 $58.34 Available Mar 1  
April 2010 $58.34 Available Apr 1