Samuel Gyan


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

Name: Samuel Gyan
Location: Cape Coast, Ghana
Activity: Taxi

About the Loan

Loan Amount: $1,200.00
Loan Use: Buy a new engine and also do other maintenance work
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 7, 2007
Date Disbursed: Dec 22, 2007
Date Funded:Dec 8, 2007
Loan Ended:Aug 6, 2008

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:0.9769 GHS = 1 USD



Samuel F. Gyan is in the transport business. He owns two taxis. He works with one as a taxi driver. He is married with two children ages 11and 9. His wife is a seamstress, supporting the family in her little way. At the moment one of the taxis is not functioning.


He is asking for $1,200 to buy a new engine and also do other maintenance work to facilitate the smooth running of his car.



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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Lenders to this entrepreneur

Anssi
Oulu, Europe
Finland

Shannon
EDMONTON, Alberta
Canada

Claus-Peter
www.kivafriends.org,
Germany

Beau
Los Angeles, CA
United States

Job
amsterdam,
Netherlands

marco
calco, Lecco
Italy

Tony
Ternat,

Benton
Brisbane, Queensland
Australia

Milo
copenhagen,
Denmark

keu na
Dewey, AZ
United States

Thomas
Kirkland, Quebec
Canada

Jan
Madrid, Madrid
Spain

Anonymous
Valley Falls, KS
United States

Fred
Montclair, NJ
Belgium

Chris
Poughkeepsie, NY
United States

jeff
fort worth, TX
United States

EdZ
Chandler, AZ
United States

Shane
Burnaby, British Columbia
Canada

Anonymous
Kolind,
Denmark

Dan
San Francisco, CA
United States

Per
Taastrup,
Denmark

Richard
Strawberry Plains, TN
United States

Prashant
New York, NY
United States

Steve & Merrilee
Poway, CA
United States

Robert McG
Jersey City, NJ
United States

Lloyd
Eugene, OR
United States

Mark
Danville, CA
United States

Kenneth
Oslo,
Norway

Sara & Gilbert
Long Beach, CA
United States

Ann
San Francisco, CA
United States

Dale & Lindsay
Palm Springs, CA
United States

Eric
Gainesville, FL
United States

Allen
Great Neck, NY
United States

william
Bay Head, NJ
United States

Louise
Rivière-Héva,, Quebec
Canada

Geir
Asker,
Norway

Courtney
Reidville, Newfoundland
Canada

Liam and Aidan
Bluffton, SC
United States



Journal entries for Samuel Gyan


Loan has been disbursed
 
Entrepreneur: Samuel Gyan
Location: Cape Coast, Ghana

Thank you for your loan. It has been disbursed to Samuel Gyan by Christian Rural Aid Network in Ghana. We are excited to watch this business grow. Over the next 7 months, Christian Rural Aid Network will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by John Samualson from Cape Coast, Ghana
Jan 3, 2008
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Kiva Help Repayment Schedule for Samuel Gyan

  Expected Repayments Actual Repayments Comments
March 2008 $171.43 $0.00 Repayment Received
April 2008 $171.43 $172.00 Repayment Received
May 2008 $171.43 $172.00 Repayment Received
June 2008 $171.43 $172.00 Repayment Received
July 2008 $171.43 $172.00 Repayment Received
August 2008 $171.43 $0.00 Repayment Received
September 2008 $171.42 $0.00 Repayment Received
October 2008 $0.00 $512.00