Mabel Yallow


Status: Paid Back

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

About the Entrepreneur

Name: Mabel Yallow
Location: Siwdo, Ghana
Activity: Grocery Store

About the Loan

Loan Amount: $1,025.00
Loan Use: To increase her capital to buy more groceries for sale, to meet her ever-increasing customers.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 18, 2008
Date Disbursed: Nov 1, 2008
Date Funded:Oct 18, 2008
Loan Ended:Jul 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.1876 GHS = 1 USD



Mabel Yallow is married and has four children. She has received schooling through to Senior High education. Mabel sells groceries like sugar, rice, biscuits, soap and others at Kotokoraba, which is the heart of Cape Coast. She has been in this business since 1998. Mabel uses her income to help her husband in the payment of the children's school fees and other utility bills.

Mabel will use the loan to increase her capital to buy more groceries for sale, to meet her ever-increasing customers. With the new profits from her expanded business, Mabel plans to invest in her children's education.



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 Mabel Yallow


Loan has been disbursed
 
Entrepreneur: Mabel Yallow
Location: Siwdo, Ghana

Thank you for your loan. It has been disbursed to Mabel Yallow 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
Nov 2, 2008
Comment on this entry

Kiva Help Repayment Schedule for Mabel Yallow

  Expected Repayments Actual Repayments Comments
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 $146.43 $146.43 Repayment Received
August 2009 $146.42 $146.43 Repayment Received