Kojo Isaac Monnie
Status: Paying Back - Delinquent
| $550.00 | Loan Amount |
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0% repaid
About the Entrepreneur
| Name: | Kojo Isaac Monnie |
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| Location: | Shama, Ghana |
| Activity: | Transportation |
About the Loan
| Loan Amount: | $550.00 |
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| Loan Use: | ojo Isaa will use the loan to buy car spare parts. |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Aug 18, 2009 |
| Date Disbursed: | Jul 30, 2009 |
| Date Funded: | Aug 21, 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: | 1.4705 GHS = 1 USD |
Kojo Isaac Monnie is married and has 9 dependants. He has received schooling through junior high school. Kojo drives at Takoradi, which he has done since 1985. Kojo Isaac uses his income to pay for school fees and other bills. Kojo Isaa will use the loan to buy car spare parts. With the new profits from his expanded business, Kojo Isaac plans to educate his children.
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.
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Lenders to this entrepreneur
Good Dogg
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MC_Glick
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Kevin
Santa Clara, CA
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Marcin
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Andrew
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Anonymous
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Anonymous
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Journal entries for Kojo Isaac Monnie
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Loan has been disbursed
Location: Shama, Ghana
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Posted by
from Shama, Ghana
Aug 22, 2009 |
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Comment on this entry
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Repayment Schedule for Kojo Isaac Monnie
Repayment Schedule for Kojo Isaac Monnie
| Expected Repayments | Actual Repayments | Comments | |||
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| November 2009 | $91.66 | $0.00 |  Delinquent
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| 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 | |||
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