Victoria Amonh


Status: Paid Back

$525.00   Loan Request
$525.00   Paid Back

About the Entrepreneur

Name: Victoria Amonh
Location: Cape Coast, Ghana
Activity: Construction Supplies

About the Loan

Loan Amount: $525.00
Loan Use: To buy paint, nails, and additional building supplies.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 13, 2008
Date Disbursed: Feb 27, 2008
Date Funded:Feb 13, 2008
Loan Ended:Sep 25, 2008

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:0.9752 GHS = 1 USD



Victoria Amonh is married with 3 young children. She helps support her family buy selling building supplies at a small road-side shop. She is requesting $525 to buy paint, nails and additional building supplies for her business. Victoria is also a member of a lending group called “Everlasting Grace Association” which consists of 14 women in Cape Coast, Ghana.



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

karen
philadelphia, PA
United States

Raj & Usha 'G'
Schaumburg, IL
United States

Marnie
Virginia Beach, VA
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Tasha
Chicago, IL
United States

St. Mark's
Palm Beach Gardens, FL
United States

Peter
Austin, TX
United States

Shane
Denver, NC
United States

Social Entrepreneurship class
Berea, KY
United States

Christian
Washington, DC
United States

Fazzi Family
La Canada, CA
United States

Michelle
Portland, OR
United States

Raphael
Diamond Bar, CA
United States

Aaron
Portland, OR
United States

Antonio
Setubal, Setubal
Portugal



Journal entries for Victoria Amonh


Loan has been disbursed
 
Entrepreneur: Victoria Amonh
Location: Cape Coast, Ghana

Thank you for your loan. It has been disbursed to Victoria Amonh 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 George Tokpo from Cape Coast, Ghana
Feb 22, 2008
Comment on this entry

Update on Victoria's Business
 
Entrepreneur: Victoria Amonh
Location: Cape Coast, Ghana

I visited Victoria today to see how her business was doing. She has been able to buy more paints in bulkand has seen her sales increase. She is now able to increase her savings from the business to about 3 cedis (roughly 3 dollars) a day.


Posted by Abraham Asianuah Akuoko from Cape Coast, Ghana
Apr 23, 2008
Comments (2)

Update on victoria
 
Entrepreneur: Victoria Amonh
Location: Cape Coast, Ghana

Victoria used her loan to buy paint, nails, and mosquito nets to sell. With the new supplies that the loan bought, she is seeing her monthly profit increase, little by little. She is reinvesting those profits into her store to try to expand her business. She hasn't had any problems paying her loans, and she is looking forward to taking out another loan when she finishes successfully paying off this one.


Posted by Abraham Asianuah Akuoko from Cape Coast, Ghana
May 27, 2008
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Kiva Help Repayment Schedule for Victoria Amonh

  Expected Repayments Actual Repayments Comments
May 2008 $75.00 $75.00 Repayment Received
June 2008 $75.00 $75.00 Repayment Received
July 2008 $75.00 $75.00 Repayment Received
August 2008 $75.00 $75.00 Repayment Received
September 2008 $75.00 $75.00 Repayment Received
October 2008 $75.00 $75.00 Repayment Received
November 2008 $75.00 $75.00 Repayment Received