Diana Addae


Status: Paid Back

$525.00   Loan Request
$525.00   Paid Back

About the Entrepreneur

Name: Diana Addae
Location: Cape Coast, Ghana
Activity: Fish Selling

About the Loan

Loan Amount: $525.00
Loan Use: As an additional capital to enable her buy more fish for processing.
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 22, 2008
Date Disbursed: Apr 6, 2008
Date Funded:Mar 23, 2008
Loan Ended:Jan 20, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:0.9842 GHS = 1 USD



Diana Addae is in the fish business--a fishmonger to be precise. Currently, her husband is a farmer and they have three children. Previously she sold sauce pans but the business went bad and she has now diverted to selling fish, which is going well at the moment.



She is asking for $525.00 as additional capital to enable her to buy more fish for processing and sale.





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 Diana Addae


Loan has been disbursed
 
Entrepreneur: Diana Addae
Location: Cape Coast, Ghana

Thank you for your loan. It has been disbursed to Diana Addae 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
Apr 6, 2008
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Kiva Help Repayment Schedule for Diana Addae

  Expected Repayments Actual Repayments Comments
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 $75.00 Repayment Received
January 2009 $75.00 $74.99 Repayment Received
March 2009 $0.00 $0.01