Ekua Hagar
Status: Paid Back
| $425.00 | Loan Request | |
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| $425.00 | Paid Back |
About the Entrepreneur
| Name: | Ekua Hagar |
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| Location: | Elmina, Ghana |
| Activity: | Catering |
About the Loan
| Loan Amount: | $425.00 |
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| Loan Use: | To purchase ingredients for soup production |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | May 17, 2008 |
| Date Disbursed: | May 31, 2008 |
| Date Funded: | May 17, 2008 |
| Loan Ended: | Jan 15, 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: | 0.9928 GHS = 1 USD |
Ekua Hagar prepares a local soup popularly known in Ghana as ‘Don’t touch me’. She is a widow with two children and her income is not sufficient to meet the needs of the family. Business is doing well but she would like a loan to increase sales by producing more soup for her market. The additional money will allow her to purchase more ingredients.
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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Louise
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Noa
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Trish and Doug
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Cheryl & Chelsey
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Jeffery
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Journal entries for Ekua Hagar
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Loan has been disbursed
Location: Elmina, Ghana
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Posted by
from Elmina, Ghana
Jun 1, 2008 |
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Comment on this entry
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Repayment Schedule for Ekua Hagar
Repayment Schedule for Ekua Hagar
| Expected Repayments | Actual Repayments | Comments | |||
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| August 2008 | $60.71 | $0.00 |  Repayment Received
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| September 2008 | $60.71 | $61.00 | Repayment Received
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| October 2008 | $60.71 | $61.00 | Repayment Received
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| November 2008 | $60.71 | $61.00 | Repayment Received
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| December 2008 | $60.71 | $61.00 | Repayment Received
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| January 2009 | $60.71 | $120.28 | Repayment Received
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| February 2009 | $60.74 | $60.72 | Repayment Received
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