Kweku Ewusi


Status: Paid Back

$400.00   Loan Request
$400.00   Paid Back

About the Entrepreneur

Name: Kweku Ewusi
Location: Elmina, Ghana
Activity: Carpentry

About the Loan

Loan Amount: $400.00
Loan Use: To expand his business
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 2, 2008
Date Disbursed: Jul 16, 2008
Date Funded:Jul 2, 2008
Loan Ended:Mar 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.0631 GHS = 1 USD



Kweku Ewusi is a carpenter. He is married, but his wife's income from selling fish is not sufficient for Kweku and his three children. Demand for his product is high, and he is looking to expand his business to increase his profits.


He is asking for $400 of additional capital to expand his 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

Bill
Atlanta, GA
United States

Brian
Gainesville, FL
United States

Sig
Glendale, CA
United States

Anonymous

Tom
Katy, TX
United States



Journal entries for Kweku Ewusi


Loan has been disbursed
 
Entrepreneur: Kweku Ewusi
Location: Elmina, Ghana

Thank you for your loan. It has been disbursed to Kweku Ewusi 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 17, 2008
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Kiva Help Repayment Schedule for Kweku Ewusi

  Expected Repayments Actual Repayments Comments
October 2008 $57.14 $58.00 Repayment Received
November 2008 $57.14 $58.00 Repayment Received
December 2008 $57.14 $58.00 Repayment Received
January 2009 $57.14 $54.56 Repayment Received
February 2009 $57.14 $57.14 Repayment Received
March 2009 $57.14 $57.14 Repayment Received
April 2009 $57.16 $57.16 Repayment Received