Joyce Prah
Status: Paying Back - Delinquent
| $275.00 | Loan Amount |
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0% repaid
About the Entrepreneur
| Name: | Joyce Prah |
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| Location: | Shama, Ghana |
| Activity: | Clothing Sales |
About the Loan
| Loan Amount: | $275.00 |
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| Loan Use: | To purchase a greater variety of clothing for resale |
| 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 |
Joyce Prah is married to an electrician and has four dependents. She is responsible for assisting her husband to take good care of her children. Joyce has received junior high school education. Since 2005 she has run a small boutique at Essuman, near Secondi, where she sells clothes. She will use her loan to expand her business by buying a greater variety of clothing for resale. Joyce hopes to use the new profits from her business to reinvest back into the 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.
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Journal entries for Joyce Prah
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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 Joyce Prah
Repayment Schedule for Joyce Prah
| Expected Repayments | Actual Repayments | Comments | |||
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| November 2009 | $45.84 | $0.00 |  Delinquent
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| December 2009 | $45.83 | Available Dec 1 | |||
| January 2010 | $45.84 | Available Jan 1 | |||
| February 2010 | $45.83 | Available Feb 1 | |||
| March 2010 | $45.84 | Available Mar 1 | |||
| April 2010 | $45.82 | Available Apr 1 | |||
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