Agnes Mensah
Status: Paying Back
| $350.00 | Loan Amount |
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0% repaid
About the Entrepreneur
| Name: | Agnes Mensah |
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| Location: | Elmina, Ghana |
| Activity: | Fish Selling |
About the Loan
| Loan Amount: | $350.00 |
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| Loan Use: | To buy more fish to sell |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Nov 7, 2009 |
| Date Disbursed: | Nov 6, 2009 |
| Date Funded: | Nov 8, 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: | 1.4300 GHS = 1 USD |
Agnes Mensah is single and has three children. She has received junior high school education. Agnes sells smoked fish at Elmina near Bantama, which she has been doing since 2000. She uses her income to pay school fees, utility bills and apartment rent.
Agnes will use the loan to buy fish for sale. With the new profits from her expanded business, Agnes 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.
Agnes will use the loan to buy fish for sale. With the new profits from her expanded business, Agnes 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.
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Journal entries for Agnes Mensah
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Loan has been disbursed
Location: Elmina, Ghana
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Posted by
from Elmina, Ghana
Nov 9, 2009 |
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Comment on this entry
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Repayment Schedule for Agnes Mensah
Repayment Schedule for Agnes Mensah
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| March 2010 | $58.33 | Available Mar 1 | |||
| April 2010 | $58.33 | Available Apr 1 | |||
| May 2010 | $58.33 | Available May 1 | |||
| June 2010 | $58.33 | Available Jun 1 | |||
| July 2010 | $58.34 | Available Jul 1 | |||
| August 2010 | $58.34 | Available Aug 1 | |||
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