Florence Mensah
Status: Paid Back
| $1,150.00 | Loan Request | |
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| $1,150.00 | Paid Back |
About the Entrepreneur
| Name: | Florence Mensah |
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| Location: | Elmina, Ghana |
| Activity: | Retail |
About the Loan
| Loan Amount: | $1,150.00 |
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| Loan Use: | To buy more slippers and other provisions to sell. |
| Repayment Term: | 10 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jul 4, 2008 |
| Date Disbursed: | Aug 4, 2008 |
| Date Funded: | Jul 21, 2008 |
| Loan Ended: | Apr 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Christian Rural Aid Network (CRAN) |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 23 months |
| Kiva Entrepreneurs: | 2431 |
| Total Loans: | $1,056,275 |
| Delinquency Rate: | 55.55% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Ghana |
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| Avg Annual Income: | $2,643.00 |
| Currency: | Ghana Cedis (GHS) |
| Exchange Rate: | 1.0631 GHS = 1 USD |
Florence Mensah sells slippers and other provisions. She is married, but her husband's income from fishing is not sufficient for Florence and her four children. Demand for her goods is high, and she is looking to expand her business to increase her profits. She is asking for additional capital to expand her 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
Heather
Fort Collins, CO
United States
amy and joe
beaufort, SC
United States
Anonymous
Bruce Chou
Oakdale & Los Angeles & San Jose, CA
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Wayne
San Diego, CA
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Steve
Gilroy, Ca
United States
Anonymous
Sylvania, GA
United States
Tom
Sunland, California,
United States
Anonymous
Placerville, CA
United States
Journal entries for Florence Mensah
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Loan has been disbursed
Location: Elmina, Ghana
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Posted by
from Elmina, Ghana
Aug 4, 2008 |
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Comment on this entry
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Repayment Schedule for Florence Mensah
Repayment Schedule for Florence Mensah
| Expected Repayments | Actual Repayments | Comments | |||
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| November 2008 | $164.29 | $165.00 |  Repayment Received
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| December 2008 | $164.29 | $165.00 | Repayment Received
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| January 2009 | $164.29 | $162.87 | Repayment Received
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| February 2009 | $164.29 | $164.29 | Repayment Received
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| March 2009 | $164.29 | $164.29 | Repayment Received
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| April 2009 | $164.29 | $164.29 | Repayment Received
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| May 2009 | $164.26 | $164.26 | Repayment Received
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