Gladys Biney


Status: Paid Back

$225.00   Loan Request
$225.00   Paid Back

About the Entrepreneur

Name: Gladys Biney
Location: Elmina, Ghana
Activity: Food Production/Sales

About the Loan

Loan Amount: $225.00
Loan Use: To buy more ingredients for food 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 Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:0.9928 GHS = 1 USD



Gladys Biney is married and has 8 dependents. She prepares a native food called ‘kenkey’ which has maize as a main ingredient. It is highly patronized by the fishermen at the shore. Business is growing well and she wishes to increase production and sales. She is running low on ingredients for her food production.


Gladys is requesting a loan to purchase more ingredients for her food production.



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

Don and Nancy
Springfield, MO
United States

Nick
Louisville, KY
United States

Len
SAN DIEGO, CA
United States

Thomas
Southfield, MI
United States

Cook Family
Charlottesville, VA
United States

David
Marietta, GA
United States



Journal entries for Gladys Biney


Loan has been disbursed
 
Entrepreneur: Gladys Biney
Location: Elmina, Ghana

Thank you for your loan. It has been disbursed to Gladys Biney 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 Elmina, Ghana
Jun 1, 2008
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Kiva Help Repayment Schedule for Gladys Biney

  Expected Repayments Actual Repayments Comments
August 2008 $32.14 $0.00 Repayment Received
September 2008 $32.14 $33.00 Repayment Received
October 2008 $32.14 $33.00 Repayment Received
November 2008 $32.14 $33.00 Repayment Received
December 2008 $32.14 $33.00 Repayment Received
January 2009 $32.14 $60.86 Repayment Received
February 2009 $32.16 $32.14 Repayment Received