Yaa Mansa


Status: Paid Back

$225.00   Loan Request
$225.00   Paid Back

About the Entrepreneur

Name: Yaa Mansa
Location: Cape Coast, Ghana
Activity: Food Production/Sales

About the Loan

Loan Amount: $225.00
Loan Use: To buy more food items for her food production business
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 1, 2008
Date Disbursed: Jun 15, 2008
Date Funded:Jun 1, 2008
Loan Ended:Feb 15, 2009

About the Country

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



Yaa Mansa prepares a native food called ‘kenkey’, which is made from maize. It is very popular with the natives of her area. Mrs. Mansa is married and has 7 dependants. Business is going very well, so she wishes to increase production and sales, but she is running out of ingredients.



She is asking for a loan to buy more food items for her food production business.



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

Heathen Harvest
Hyampom, CA
United States

Mark CDT
Halifax, NS
Canada

Steffen
Lyngby, Denmark
Denmark

Anonymous
Valencia, CA
United States

cheryl
Chicago, IL
United States

Kay
Columbia, MD KivaFriends.org
United States

Carolyn
cockeysville, MD
United States

Sean & Shelley
Brooklyn, NY
United States

vasanthi
palos heights, IL
United States



Journal entries for Yaa Mansa


Loan has been disbursed
 
Entrepreneur: Yaa Mansa
Location: Cape Coast, Ghana

Thank you for your loan. It has been disbursed to Yaa Mansa 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
Jun 16, 2008
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Kiva Help Repayment Schedule for Yaa Mansa

  Expected Repayments Actual Repayments Comments
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 $28.72 Repayment Received
February 2009 $32.14 $32.14 Repayment Received
March 2009 $32.16 $32.14 Repayment Received