Doris Arthur


Status: Paid Back

$375.00   Loan Request
$375.00   Paid Back

About the Entrepreneur

Name: Doris Arthur
Location: Elmina, Ghana
Activity: Clothing Sales

About the Loan

Loan Amount: $375.00
Loan Use: As additional capital to expand her business
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 8, 2008
Date Disbursed: Jul 22, 2008
Date Funded:Jul 8, 2008
Loan Ended:Mar 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.0879 GHS = 1 USD



Doris Arthur sells clothing that she has sewn, as well as fabric. She is married, but her husband's income is not sufficient for Doris and her 2 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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Don
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David
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Journal entries for Doris Arthur


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

Thank you for your loan. It has been disbursed to Doris 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 23, 2008
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Kiva Help Repayment Schedule for Doris Arthur

  Expected Repayments Actual Repayments Comments
October 2008 $53.57 $54.00 Repayment Received
November 2008 $53.57 $54.00 Repayment Received
December 2008 $53.57 $53.00 Repayment Received
January 2009 $53.57 $53.28 Repayment Received
February 2009 $53.57 $53.57 Repayment Received
March 2009 $53.57 $53.57 Repayment Received
April 2009 $53.58 $53.58 Repayment Received