Kemi Solorin


Status: Paid Back

$525.00   Loan Request
$525.00   Paid Back

About the Entrepreneur

Name: Kemi Solorin
Location: Cape Coast, Ghana
Activity: Cloth & Dressmaking Supplies

About the Loan

Loan Amount: $525.00
Loan Use: As additional capital to buy more goods for sale.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 2, 2008
Date Disbursed: May 19, 2008
Date Funded:May 5, 2008
Loan Ended:Jan 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:0.9950 GHS = 1 USD



Solorin Kemi sells artificial hair, clothing materials and watches. She is married and has 1 child. She is running out of stock.

She is asking $525 as additional capital to buy more goods for 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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Lenders to this entrepreneur

Anonymous

Lita
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Samantha
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Katja
Devonport, Tasmania
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Molly
Lake Lotawana, MO
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Leopold
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Chance
Ridgecrest, CA
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Johanna
Kew Gardens, NY
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Anonymous
Chesapeake, VA
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Howard & Jillian
Vence,
France

Christopher
Los Angeles, CA
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VV family
Glen Allen, VA
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Robert
Oreland, PA
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Amber
Washington, DC
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Kimberly
Orlando, FL
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Suzanne
Omaha, NE
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Mikkel
Copenhagen,
Denmark

Angie & Chris
Gainesville, FL
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John C. Kirkland
Southern California,
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Dad & Danika
Kingston, Ontario
Canada



Journal entries for Kemi Solorin


Loan has been disbursed
 
Entrepreneur: Kemi Solorin
Location: Cape Coast, Ghana

Thank you for your loan. It has been disbursed to Kemi Solorin 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
May 20, 2008
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Kiva Help Repayment Schedule for Kemi Solorin

  Expected Repayments Actual Repayments Comments
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 $75.00 Repayment Received
February 2009 $75.00 $75.00 Repayment Received