Mary Tetteh
Status: Paying Back
| $500.00 | Loan Amount |
|---|
0% repaid
About the Entrepreneur
| Name: | Mary Tetteh |
|---|---|
| Location: | Elmina, Ghana |
| Activity: | Home Products Sales |
About the Loan
| Loan Amount: | $500.00 |
|---|---|
| Loan Use: | Mary will use the loan to purchase bails of towel and bed sheets. |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 13, 2009 |
| Date Disbursed: | Sep 18, 2009 |
| Date Funded: | Oct 21, 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: | 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 |
|---|---|
| Avg Annual Income: | $2,643.00 |
| Currency: | Ghana Cedis (GHS) |
| Exchange Rate: | 1.4435 GHS = 1 USD |
Mary Tetteh is married and has one child. She has a junior high educational background. Mary sells towels and bed sheets at Elmina, near Bantuma, which she has been doing since 1998. Her husband is a security personnel. Mary uses her income to support the husband in the payment of school fees and settlement of utility bills. Mary will use the loan to purchase towels and bed sheets in bulk. With the new profits from her expanded business, Mary plans to save enough money to build her own house.
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 Tetteh
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Loan has been disbursed
Location: Elmina, Ghana
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Posted by
from Elmina, Ghana
Oct 22, 2009 |
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Comment on this entry
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Repayment Schedule for Mary Tetteh
Repayment Schedule for Mary Tetteh
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $83.34 | Available Jan 1 | |||
| February 2010 | $83.33 | Available Feb 1 | |||
| March 2010 | $83.34 | Available Mar 1 | |||
| April 2010 | $83.33 | Available Apr 1 | |||
| May 2010 | $83.34 | Available May 1 | |||
| June 2010 | $83.32 | Available Jun 1 | |||
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