Christina Boateng
Status: Paid Back
| $1,200.00 | Loan Request | |
|---|---|---|
| $1,200.00 | Paid Back |
About the Entrepreneur
| Name: | Christina Boateng |
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| Location: | Cape Coast, Ghana |
| Activity: | General Store |
About the Loan
| Loan Amount: | $1,200.00 |
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| Loan Use: | Buy more food supplies for her shop. |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jan 3, 2008 |
| Date Disbursed: | Jan 17, 2008 |
| Date Funded: | Jan 3, 2008 |
| Loan Ended: | Sep 20, 2008 |
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: | 0.9928 GHS = 1 USD |
Christina Boateng is a trader who sells food supplies (cooking oil, canned foods, washing and toilet soaps and other items). Christina is a single parent of two children. Her current income is not sufficient to meet the financial needs of her family. She therefore wants to increase her sales to improve her income. She is asking for $1,200 as additional capital to buy more food supplies for her shop.
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 Christina Boateng
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Loan has been disbursed
Location: Cape Coast, Ghana
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Posted by
George Tokpo from Cape Coast, Ghana
Jan 29, 2008 |
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Comments (8)
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Repayment Schedule for Christina Boateng
Repayment Schedule for Christina Boateng
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| April 2008 | $171.43 | $0.00 |  Repayment Received
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| May 2008 | $171.43 | $172.00 | Repayment Received
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| June 2008 | $171.43 | $172.00 | Repayment Received
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| July 2008 | $171.43 | $172.00 | Repayment Received
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| August 2008 | $171.43 | $0.00 | Repayment Received
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| September 2008 | $171.43 | $0.00 | Repayment Received
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| October 2008 | $171.42 | $516.00 | Repayment Received
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| November 2008 | $0.00 | $168.00 | |||
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