Monica Doewayo


Status: Paid Back

$525.00   Loan Request
$525.00   Paid Back

About the Entrepreneur

Name: Monica Doewayo
Location: Cape Coast, Ghana
Activity: Fish Selling

About the Loan

Loan Amount: $525.00
Loan Use: To buy fish in bulk
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 12, 2008
Date Disbursed: Mar 26, 2008
Date Funded:Mar 12, 2008
Loan Ended:Jan 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:0.9928 GHS = 1 USD



Monica Doewayo is married with two children. To help support her family, she works as a fishmonger. She buys fish from the local fishermen, smokes them, and then travels to villages to sell the fish.



She is asking for $525.00 to have enough capital to buy fish in bulk. Monica is also a member of a lending group called “Mawunyo Traders” that consists of 13 borrowers 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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Journal entries for Monica Doewayo


Loan has been disbursed
 
Entrepreneur: Monica Doewayo
Location: Cape Coast, Ghana

Thank you for your loan. It has been disbursed to Monica Doewayo 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 from Cape Coast, Ghana
Mar 27, 2008
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Kiva Help Repayment Schedule for Monica Doewayo

  Expected Repayments Actual Repayments Comments
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
December 2008 $75.00 $0.00 Repayment Received
February 2009 $0.00 $75.00