Comfort Quaicoe
Status: Paid Back
| $275.00 | Loan Request | |
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| $275.00 | Paid Back |
About the Entrepreneur
| Name: | Comfort Quaicoe |
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| Location: | Elmina, Ghana |
| Activity: | Fish Selling |
About the Loan
| Loan Amount: | $275.00 |
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| Loan Use: | To buy more fish to sell. |
| 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 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: | 1.1733 GHS = 1 USD |
Comfort Quaicoe sells fish which she buys from the fishermen, then brings them home for processing and preserving, and then sends them to the market for sale at Elmina. Comfort has received no formal education. She is married and has 4 children. Her husband is a salt producer. Comfort has been selling fish since 1996. She is responsible for utility bills and other expenses. Her loan will be used to increase her capital to buy more fish to sell. She hopes to use the new profits from her business to help her husband start putting up a house for the family.
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 Comfort Quaicoe
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Loan has been disbursed
Location: Elmina, Ghana
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Posted by
from Elmina, Ghana
Oct 25, 2008 |
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Comment on this entry
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Repayment Schedule for Comfort Quaicoe
Repayment Schedule for Comfort Quaicoe
| 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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