Comfort Sam


Status: Paid Back

$1,025.00   Loan Request
$1,025.00   Paid Back

About the Entrepreneur

Name: Comfort Sam
Location: Elmina, Ghana
Activity: Retail

About the Loan

Loan Amount: $1,025.00
Loan Use: To buy an ice chest, plastic bowls, cooking utensils and other items for resale
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 10, 2008
Date Disbursed: Oct 24, 2008
Date Funded:Oct 10, 2008
Loan Ended:Jun 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.1733 GHS = 1 USD



Comfort Sam sells plastics and rubber products at Kwabinajyan near Elmina. Comfort has received a Junior High education. She is a single parent and has 3 children. Comfort has been selling plastic products since 1998. She is responsible for paying pay her children's school fees and other utility bills. Her loan will be used to buy an ice chest, plastic bowls, cooking utensils and other items for resale. She hopes to use the new profits from her business to started buying building blocks for the family house she wants to put up for her children.



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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Anonymous
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Emma
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Susan
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Larry
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Sarah
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Good Dogg
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Sarah
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Sean & Dominga
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nickdag
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Marco
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Bruce
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William
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Kevin
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Jesse
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Margaret
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Mike & Peggy
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Journal entries for Comfort Sam


Loan has been disbursed
 
Entrepreneur: Comfort Sam
Location: Elmina, Ghana

Thank you for your loan. It has been disbursed to Comfort Sam 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
Oct 25, 2008
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Kiva Help Repayment Schedule for Comfort Sam

  Expected Repayments Actual Repayments Comments
January 2009 $146.43 $146.43 Repayment Received
February 2009 $146.43 $146.43 Repayment Received
March 2009 $146.43 $146.43 Repayment Received
April 2009 $146.43 $146.43 Repayment Received
May 2009 $146.43 $146.43 Repayment Received
June 2009 $146.43 $146.42 Repayment Received
July 2009 $146.42 $146.43 Repayment Received