Faustina Tawiah


Status: Paying Back

$275.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Faustina Tawiah
Location: Shama, Ghana
Activity: Farm Supplies

About the Loan

Loan Amount: $275.00
Loan Use: To purchase more poultry feed
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 21, 2009
Date Disbursed: Aug 24, 2009
Date Funded:Sep 21, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4572 GHS = 1 USD



Faustina Tawiah sells poultry feed and brown feed at Aboso near Shama Junction, which she has done since 1999. She is married and has three children. Her husband is a poultry farmer. She has junior high school education. Faustina uses her income to help pay fees and utility bills. Faustina will use this loan to purchase more poultry feed to sell. With the new profits from her expanded business, Faustina plans to save for her children’s future.



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 Faustina Tawiah


Loan has been disbursed
 
Entrepreneur: Faustina Tawiah
Location: Shama, Ghana

Thank you for your loan. It has been disbursed to Faustina Tawiah by Christian Rural Aid Network (CRAN) in Ghana. We are excited to watch this business grow. Over the 6 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 Shama, Ghana
Sep 22, 2009
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Kiva Help Repayment Schedule for Faustina Tawiah

  Expected Repayments Actual Repayments Comments
December 2009 $45.84 Available Dec 1  
January 2010 $45.83 Available Jan 1  
February 2010 $45.84 Available Feb 1  
March 2010 $45.83 Available Mar 1  
April 2010 $45.84 Available Apr 1  
May 2010 $45.82 Available May 1