William Essel
Status: Paid Back
| $725.00 | Loan Request | |
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| $725.00 | Paid Back |
About the Entrepreneur
| Name: | William Essel |
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| Location: | Cape Coast, Ghana |
| Activity: | Clothing Sales |
About the Loan
| Loan Amount: | $725.00 |
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| Loan Use: | To buy more stock for his business |
| Repayment Term: | 10 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Mar 18, 2008 |
| Date Disbursed: | Apr 2, 2008 |
| Date Funded: | Mar 19, 2008 |
| Loan Ended: | Jan 20, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Christian Rural Aid Network (CRAN) |
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| 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: | 0.9688 GHS = 1 USD |
William Essel is a trader who sells clothing materials, ladies' dresses, creams and other things. His wife is also a trader and has 3 children. He wants to increase his sales to meet the increase in demand but lacks adequate funds. He is asking for $725 to buy more stock for his business to meet the demand of his customers.
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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Lenders to this entrepreneur
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Gordon
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Kari
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Will & Diem
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Diane R
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yuki-H
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Benton
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Greta Galeazzi
GALEAZZI GRETA, EUROPEAN CITIZEN
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Johanna
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Claude
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Sharon
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Corky and Alan
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Joe
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Anonymous
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Deborah A.
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Journal entries for William Essel
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Loan has been disbursed
Location: Cape Coast, Ghana
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Posted by
from Cape Coast, Ghana
Apr 3, 2008 |
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Comment on this entry
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Repayment Schedule for William Essel
Repayment Schedule for William Essel
| Expected Repayments | Actual Repayments | Comments | |||
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| July 2008 | $103.57 | $104.00 |  Repayment Received
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| August 2008 | $103.57 | $104.00 | Repayment Received
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| September 2008 | $103.57 | $104.00 | Repayment Received
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| October 2008 | $103.57 | $104.00 | Repayment Received
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| November 2008 | $103.57 | $104.00 | Repayment Received
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| December 2008 | $103.57 | $104.00 | Repayment Received
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| January 2009 | $103.58 | $101.02 | Repayment Received
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| March 2009 | $0.00 | ($0.02) | |||
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