Cecilia Garbra


Status: Paid Back

$425.00   Loan Request
$425.00   Paid Back

About the Entrepreneur

Name: Cecilia Garbra
Location: Elmina, Ghana
Activity: Shoe Sales

About the Loan

Loan Amount: $425.00
Loan Use: To buy more goods to sell
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 2, 2008
Date Disbursed: Jun 18, 2008
Date Funded:Jun 4, 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



Cecilia Garbra sells footwear and clothing. She is divorced, and has 3 children. Raising 3 children single handed has not been easy for her. Business is going very well, so Ceclia wishes to increase sales. But she is running out of stock.


She is asking for a loan to buy more goods 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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Kay
Columbia, MD KivaFriends.org
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shaque
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Alexandria, VA
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Jacob Fyda
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Sydney, New South Wales
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Lance
Boulder, CO
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Ulrika Linder
Skåne,
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Linda
Pittsburgh, PA
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Victor
Newark, CA
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moira
Pefferlaw, Ontario
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Ronald
Spijkenisse,
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Journal entries for Cecilia Garbra


Loan has been disbursed
 
Entrepreneur: Cecilia Garbra
Location: Elmina, Ghana

Thank you for your loan. It has been disbursed to Cecilia Garbra 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 18, 2008
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Kiva Help Repayment Schedule for Cecilia Garbra

  Expected Repayments Actual Repayments Comments
September 2008 $60.71 $61.00 Repayment Received
October 2008 $60.71 $61.00 Repayment Received
November 2008 $60.71 $61.00 Repayment Received
December 2008 $60.71 $61.00 Repayment Received
January 2009 $60.71 $59.56 Repayment Received
February 2009 $60.71 $60.71 Repayment Received
March 2009 $60.74 $60.73 Repayment Received