Philomena Mensah
Status: Refunded
| $375.00 | Loan Request |
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About the Entrepreneur
| Name: | Philomena Mensah |
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| Location: | Elmina, Ghana |
| Activity: | Food Market |
About the Loan
| Loan Amount: | $375.00 |
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| Loan Use: | Additional capital to expand her business |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jul 9, 2008 |
| Date Disbursed: | Jul 23, 2008 |
| Refund Date: | Jul 10, 2008 |
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: | 1.0951 GHS = 1 USD |
Philomena 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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Journal entries for Philomena Mensah
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Loan Refunded
Location: Elmina, Ghana
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Posted by
Casey Albert from Elmina, Ghana
Jul 10, 2008 |
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Comment on this entry
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Repayment Schedule for Philomena Mensah
Repayment Schedule for Philomena Mensah
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| September 2009 | $375.00 | $0.00 |  Repayment Received
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