Agnes Quayson
Status: Paid Back
| $275.00 | Loan Request | |
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| $275.00 | Paid Back |
About the Entrepreneur
| Name: | Agnes Quayson |
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| Location: | Elmina, Ghana |
| Activity: | General Store |
About the Loan
| Loan Amount: | $275.00 |
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| Loan Use: | To add to her capital to increase stock |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Oct 9, 2008 |
| Date Disbursed: | Oct 23, 2008 |
| Date Funded: | Oct 9, 2008 |
| Loan Ended: | Jun 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: | 2430 |
| Total Loans: | $1,055,925 |
| Delinquency Rate: | 55.59% |
| 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: | 1.1505 GHS = 1 USD |
Agnes Quayson is divorced and has 6 children. She has received schooling through junior high education. Agnes sells bed sheets, soap, rice and other goods at Kokoado in Elmina, which she has done since 2004. Agnes uses her income to feed the family and pay their utility bills. Agnes will use this loan to add to her capital to increase stock for sale. With the new profits from her expanded business, Agnes plans to reinvest for the further expansion of 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.
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 Agnes Quayson
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Loan has been disbursed
Location: Elmina, Ghana
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Posted by
from Elmina, Ghana
Oct 24, 2008 |
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Comment on this entry
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Repayment Schedule for Agnes Quayson
Repayment Schedule for Agnes Quayson
| Expected Repayments | Actual Repayments | Comments | |||
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| January 2009 | $39.29 | $39.29 |  Repayment Received
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| February 2009 | $39.29 | $39.29 | Repayment Received
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| March 2009 | $39.29 | $39.29 | Repayment Received
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| April 2009 | $39.29 | $39.29 | Repayment Received
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| May 2009 | $39.29 | $39.29 | Repayment Received
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| June 2009 | $39.29 | $39.28 | Repayment Received
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| July 2009 | $39.26 | $39.27 | Repayment Received
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