Rebecca Appiah


Status: Paid Back

$450.00   Loan Request
$450.00   Paid Back

About the Entrepreneur

Name: Rebecca Appiah
Location: Siwdo, Ghana
Activity: Grocery Store

About the Loan

Loan Amount: $450.00
Loan Use: Rebecca will use the loan to purchase more grocery items that are very often demanded at her shop.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 26, 2008
Date Disbursed: Oct 11, 2008
Date Funded:Sep 27, 2008
Loan Ended:Jun 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.1348 GHS = 1 USD



Rebecca Appiah is married and has 3 children. She has received vocational schooling. Rebecca sells a variety of items in her store (examples are milk, soap, and lining) at Adisadel near Siwdo, which she has done since 1998. Her husband is a fisherman. Rebecca uses her income to pay for utility bills and other family expenses. Rebecca will use the loan to purchase more grocery items that are very often demanded at her shop. With the new profits from her expanded business, Rebecca plans to add to her capital to increase sales.



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 Rebecca Appiah


Loan has been disbursed
 
Entrepreneur: Rebecca Appiah
Location: Siwdo, Ghana

Thank you for your loan. It has been disbursed to Rebecca Appiah 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 Siwdo, Ghana
Oct 11, 2008
Comments (1)

Kiva Help Repayment Schedule for Rebecca Appiah

  Expected Repayments Actual Repayments Comments
January 2009 $64.29 $64.29 Repayment Received
February 2009 $64.29 $64.29 Repayment Received
March 2009 $64.29 $64.29 Repayment Received
April 2009 $64.29 $64.29 Repayment Received
May 2009 $64.29 $64.29 Repayment Received
June 2009 $64.29 $64.28 Repayment Received
July 2009 $64.26 $64.27 Repayment Received