Millicent Eshun
Status: Paid Back
| $1,050.00 | Loan Request | |
|---|---|---|
| $1,050.00 | Paid Back |
About the Entrepreneur
| Name: | Millicent Eshun |
|---|---|
| Location: | Elmina, Ghana |
| Activity: | Soft Drinks |
About the Loan
| Loan Amount: | $1,050.00 |
|---|---|
| Loan Use: | Her loan will be used to buy different kinds of drinks to be supplied to her customers. |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Sep 18, 2008 |
| Date Disbursed: | Oct 2, 2008 |
| Date Funded: | Sep 18, 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) |
|---|---|
| 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 |
|---|---|
| Avg Annual Income: | $2,643.00 |
| Currency: | Ghana Cedis (GHS) |
| Exchange Rate: | 1.1505 GHS = 1 USD |
Millicent Eshun sells a variety of drinks at Elmina. Millicent has received a teacher training college education. She is single and has no children. Millicent has been selling drinks since 1993. She is responsible for paying rent and other utility bills. Her loan will be used to buy different kinds of drinks to be supplied to her customers. She hopes to use the new profits from her business to save towards acquiring her 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.
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 Millicent Eshun
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Loan has been disbursed
Location: Elmina, Ghana
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Posted by
from Elmina, Ghana
Oct 3, 2008 |
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Comments (1)
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Repayment Schedule for Millicent Eshun
Repayment Schedule for Millicent Eshun
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2009 | $150.00 | $150.00 |  Repayment Received
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| February 2009 | $150.00 | $150.00 | Repayment Received
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| March 2009 | $150.00 | $150.00 | Repayment Received
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| April 2009 | $150.00 | $150.00 | Repayment Received
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| May 2009 | $150.00 | $150.00 | Repayment Received
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| June 2009 | $150.00 | $150.00 | Repayment Received
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| July 2009 | $150.00 | $150.00 | Repayment Received
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