Samuel Minano


Status: Paid Back

$350.00   Loan Request
$350.00   Paid Back

About the Entrepreneur

Name: Samuel Minano
Location: Elmina, Ghana
Activity: Taxi

About the Loan

Loan Amount: $350.00
Loan Use: Additional capital to expand his business."
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 1, 2008
Date Disbursed: Sep 15, 2008
Date Funded:Sep 1, 2008
Loan Ended:May 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.1555 GHS = 1 USD



Minano is a taxi driver who uses his own car. At the moment the car is giving him problems and he needs financial assistance to buy spare parts for the repairs of his car. He is married, but his wife's income as a trader is not sufficient for Samuel and his 5 children. Demand for his service is high, and he is looking to expand his business to increase his profits.




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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steve roh
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The Schwank Family
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Emina
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vasanthi
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Journal entries for Samuel Minano


Loan has been disbursed
 
Entrepreneur: Samuel Minano
Location: Elmina, Ghana

Thank you for your loan. It has been disbursed to Samuel Minano 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
Sep 15, 2008
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Kiva Help Repayment Schedule for Samuel Minano

  Expected Repayments Actual Repayments Comments
December 2008 $50.00 $50.00 Repayment Received
January 2009 $50.00 $50.00 Repayment Received
February 2009 $50.00 $50.00 Repayment Received
March 2009 $50.00 $50.00 Repayment Received
April 2009 $50.00 $50.00 Repayment Received
May 2009 $50.00 $50.00 Repayment Received
June 2009 $50.00 $50.00 Repayment Received