Helena Akromoh
Status: Paying Back
| $225.00 | Loan Amount |
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0% repaid
About the Entrepreneur
| Name: | Helena Akromoh |
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| Location: | Elmina, Ghana |
| Activity: | Food Market |
About the Loan
| Loan Amount: | $225.00 |
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| Loan Use: | Helena will use the loan to enable her buy more maize in big sacks to sell. |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Sep 21, 2009 |
| Date Disbursed: | Aug 27, 2009 |
| Date Funded: | Sep 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: | 1.4800 GHS = 1 USD |
Helena Akromoh is married and has four children. She has received schooling through senior high. Helena sells maize, she buys maize at the market and resells them at Elmina near Abreshia, which she has been doing since 2004. Her husband is a trade. Helena uses her income to support the husband in the payment of fees. Helena will use the loan to enable her buy more maize in big sacks to sell. With the new profits from her expanded business, Helena plans to save to educate her 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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Journal entries for Helena Akromoh
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Loan has been disbursed
Location: Elmina, Ghana
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Posted by
from Elmina, Ghana
Sep 22, 2009 |
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Comment on this entry
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Repayment Schedule for Helena Akromoh
Repayment Schedule for Helena Akromoh
| Expected Repayments | Actual Repayments | Comments | |||
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| December 2009 | $37.50 | Available Dec 1 | |||
| January 2010 | $37.50 | Available Jan 1 | |||
| February 2010 | $37.50 | Available Feb 1 | |||
| March 2010 | $37.50 | Available Mar 1 | |||
| April 2010 | $37.50 | Available Apr 1 | |||
| May 2010 | $37.50 | Available May 1 | |||
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