Beatrice Arthur


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

Name: Beatrice Arthur
Location: Elmina, Ghana
Activity: Grocery Store

About the Loan

Loan Amount: $1,200.00
Loan Use: To expand her business selling provisions.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 2, 2008
Date Disbursed: Jul 17, 2008
Date Funded:Jul 3, 2008
Loan Ended:Mar 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.0059 GHS = 1 USD



Beatrice Arthur sells provisions like rice and gari, which is a popular local dish. She is single and her income is not sufficient to support Beatrice and her child. Demand for her goods is high and she is looking to expand her business. She is asking for additional capital to expand her business to increase her profits.





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 Beatrice Arthur


Loan has been disbursed
 
Entrepreneur: Beatrice Arthur
Location: Elmina, Ghana

Thank you for your loan. It has been disbursed to Beatrice Arthur by Christian Rural Aid Network (CRAN) in Ghana. We are excited to watch this business grow. Over the next 7 months, Christian Rural Aid Network (CRAN) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Elmina, Ghana
Jul 18, 2008
Comments (1)

Kiva Help Repayment Schedule for Beatrice Arthur

  Expected Repayments Actual Repayments Comments
October 2008 $171.43 $172.00 Repayment Received
November 2008 $171.43 $172.00 Repayment Received
December 2008 $171.43 $172.00 Repayment Received
January 2009 $171.43 $169.72 Repayment Received
February 2009 $171.43 $171.43 Repayment Received
March 2009 $171.43 $171.43 Repayment Received
April 2009 $171.42 $171.42 Repayment Received