Mary Poku
Status: Paying Back
| $425.00 | Loan Amount |
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0% repaid
About the Entrepreneur
| Name: | Mary Poku |
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| Location: | Elmina, Ghana |
| Activity: | Clothing Sales |
About the Loan
| Loan Amount: | $425.00 |
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| Loan Use: | Her loan will be used to buy more clothes for sale. |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 9, 2009 |
| Date Disbursed: | Sep 22, 2009 |
| Date Funded: | Oct 20, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Christian Rural Aid Network (CRAN) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 23 months |
| Kiva Entrepreneurs: | 2431 |
| Total Loans: | $1,056,275 |
| Delinquency Rate: | 55.55% |
| 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: | 1.4447 GHS = 1 USD |
Mary Poku sells clothes, children’s dresses, and feeding bottles at Elmina near Ankanful. Mary has received a senior high school education. She is married and has five dependents. Her husband is a security personnel. Mary has been selling clothes since 2005. She supports her husband in the paying of bills and school fees. Her loan will be used to buy more cloths for sale. She hopes to use the new profits from her business to reinvest into her 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 Mary Poku
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Loan has been disbursed
Location: Elmina, Ghana
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Posted by
from Elmina, Ghana
Oct 21, 2009 |
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Comment on this entry
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Repayment Schedule for Mary Poku
Repayment Schedule for Mary Poku
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $70.83 | Available Jan 1 | |||
| February 2010 | $70.84 | Available Feb 1 | |||
| March 2010 | $70.83 | Available Mar 1 | |||
| April 2010 | $70.83 | Available Apr 1 | |||
| May 2010 | $70.84 | Available May 1 | |||
| June 2010 | $70.83 | Available Jun 1 | |||
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