Oscar Amponsah


Status: Paying Back - Delinquent

$350.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Oscar Amponsah
Location: Hohoe, Ghana
Activity: Music Discs & Tapes

About the Loan

Loan Amount: $350.00
Loan Use: To buy music and video CD's to sell.
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



Oscar Amponsah sells music and video CD’s in Hohoe. Oscar has received tertiary education. He is married and has four dependants. His wife is a trader. Oscar has been selling CD's since 1993. He is responsible for the financial needs of the entire family. His loan will be used to buy more music and video CD's to sell. He hopes to use the new profits from his business to buy land and 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.

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Lenders to this entrepreneur

Mariachiara
New York, NY
United States

Cecilia & Siggi
Düsseldorf,
Germany

Bob Harris
Los Angeles, CA
United States

WTHarvey
Alexandria, VA
United States

Trent
wichita, KS
United States

Syner-es
S.A. Benageber-Valencia, España
Spain

Ricki
Dundee, Angus
United Kingdom

Drew
Germantown, TN
United States

Joan and Rudy
Richland, WA
United States

Karen
Kariong, New South Wales
Australia



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Journal entries for Oscar Amponsah


Loan has been disbursed
 
Entrepreneur: Oscar Amponsah
Location: Hohoe, Ghana

Thank you for your loan. It has been disbursed to Oscar Amponsah 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 16, 2009
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Kiva Help Repayment Schedule for Oscar Amponsah

  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