Sammuel Oppong
Status: Paid Back
| $300.00 | Loan Request | |
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| $300.00 | Paid Back |
About the Entrepreneur
| Name: | Sammuel Oppong |
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| Location: | Elmina, Ghana |
| Activity: | Electronics Repair |
About the Loan
| Loan Amount: | $300.00 |
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| Loan Use: | To expand his business |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jul 7, 2008 |
| Date Disbursed: | Jul 21, 2008 |
| Date Funded: | Jul 7, 2008 |
| Loan Ended: | Mar 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: | 1.0648 GHS = 1 USD |
Sammuel Oppong lives in Elmina, where he works as a television and radio repairman. Demand for his services is high, and he is looking to expand his business to increase his profits. He is asking for 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.
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
Terry
KivaFriends.org , St. Louis, MO
United States
Oliver
Reading, Berkshire
United Kingdom
Kori
Newtown, PA
United States
soonerlionsclub
norman, OK
United States
Richard
Glasgow, Glasgow
United Kingdom
O-Team
Burnsville, MN
United States
Deepa
San Francisco, CA
United States
Christine
Langley, WA
United States
Amy
Berkeley, CA
United States
mike
Switzerland
Journal entries for Sammuel Oppong
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Loan has been disbursed
Location: Elmina, Ghana
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Posted by
from Elmina, Ghana
Jul 21, 2008 |
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Comment on this entry
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Repayment Schedule for Sammuel Oppong
Repayment Schedule for Sammuel Oppong
| Expected Repayments | Actual Repayments | Comments | |||
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| October 2008 | $42.86 | $43.00 |  Repayment Received
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| November 2008 | $42.86 | $43.00 | Repayment Received
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| December 2008 | $42.86 | $43.00 | Repayment Received
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| January 2009 | $42.86 | $42.44 | Repayment Received
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| February 2009 | $42.86 | $42.86 | Repayment Received
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| March 2009 | $42.86 | $42.86 | Repayment Received
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| April 2009 | $42.84 | $42.84 | Repayment Received
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