Doris Annan


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

Name: Doris Annan
Location: Shama, Ghana
Activity: Food Production/Sales

About the Loan

Loan Amount: $500.00
Loan Use: To buy more ingredients for making fante kenkey
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 8, 2008
Date Disbursed: May 23, 2008
Date Funded:May 9, 2008
Loan Ended:Jan 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.0050 GHS = 1 USD



Annan Doris prepares a native food called fante kenkey. Maize is used in the preparation of fante kenkey. It is highly desired by the natives of both western and central regions of the country. She is married and has 6 dependants.

Her business is doing very well, and she wants to increase her production and sales. She is running out of ingredients for her making fante kenkey.
She is requesting a loan to buy more ingredients for producing more kenkey to sell.



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 Doris Annan


Loan has been disbursed
 
Entrepreneur: Doris Annan
Location: Shama, Ghana

Thank you for your loan. It has been disbursed to Doris Annan 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 Shama, Ghana
May 23, 2008
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Kiva Help Repayment Schedule for Doris Annan

  Expected Repayments Actual Repayments Comments
August 2008 $71.43 $72.00 Repayment Received
September 2008 $71.43 $72.00 Repayment Received
October 2008 $71.43 $72.00 Repayment Received
November 2008 $71.43 $72.00 Repayment Received
December 2008 $71.43 $70.00 Repayment Received
January 2009 $71.43 $70.58 Repayment Received
February 2009 $71.42 $71.42 Repayment Received