Gladys Amoah


Status: Paid Back

$875.00   Loan Request
$875.00   Paid Back

About the Entrepreneur

Name: Gladys Amoah
Location: Abura, Ghana
Activity: Food Market

About the Loan

Loan Amount: $875.00
Loan Use: to increase her business capital
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 23, 2008
Date Disbursed: Sep 7, 2008
Date Funded:Aug 24, 2008
Loan Ended:May 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.1574 GHS = 1 USD



Gladys Amoah is married and has 2 children. She has received schooling through the primary school level. Gladys sells onions, dried tilapia, and other food items in Abura, which she has done since 2000. Her husband repairs electronics.

Gladys uses her income to pay for school items like books, etc. for the children. Gladys will use the loan to increase her business capital. With the new profits from her expanded business, Gladys plans to help build their own house.



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 Gladys Amoah


Loan has been disbursed
 
Entrepreneur: Gladys Amoah
Location: Abura, Ghana

Thank you for your loan. It has been disbursed to Gladys Amoah 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 Abura, Ghana
Sep 7, 2008
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Kiva Help Repayment Schedule for Gladys Amoah

  Expected Repayments Actual Repayments Comments
December 2008 $125.00 $125.00 Repayment Received
January 2009 $125.00 $125.00 Repayment Received
February 2009 $125.00 $125.00 Repayment Received
March 2009 $125.00 $125.00 Repayment Received
April 2009 $125.00 $125.00 Repayment Received
May 2009 $125.00 $125.00 Repayment Received
June 2009 $125.00 $125.00 Repayment Received