Daniel Ohene
Status: Paid Back
| $675.00 | Loan Request | |
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| $675.00 | Paid Back |
About the Entrepreneur
| Name: | Daniel Ohene |
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| Location: | Cape Coast, Ghana |
| Activity: | Shoe Sales |
About the Loan
| Loan Amount: | $675.00 |
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| Loan Use: | to increase the sale of the clothing and shoes. |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Nov 14, 2008 |
| Date Disbursed: | Nov 7, 2008 |
| Date Funded: | Nov 17, 2008 |
| Loan Ended: | Jul 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: | 1.1889 GHS = 1 USD |
Daniel Ohene sells clothing for men and footwear at Ewim in Cape Coast. Daniel has received Senior High education. He is not yet married and has no children. Daniel has been selling clothing for men and footwear since 2001. He is responsible for paying utility bills, clothing and other personal expenses. His loan will be used to increase the sale of the clothing and shoes. He hopes to use the new profits from his business to plough back into this growing business.
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 Daniel Ohene
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Loan has been disbursed
Location: Cape Coast, Ghana
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Posted by
from Cape Coast, Ghana
Nov 18, 2008 |
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Comment on this entry
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Repayment Schedule for Daniel Ohene
Repayment Schedule for Daniel Ohene
| Expected Repayments | Actual Repayments | Comments | |||
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| March 2009 | $112.50 | $112.50 |  Repayment Received
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| April 2009 | $112.50 | $112.50 | Repayment Received
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| May 2009 | $112.50 | $112.50 | Repayment Received
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| June 2009 | $112.50 | $112.49 | Repayment Received
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| July 2009 | $112.50 | $112.50 | Repayment Received
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| August 2009 | $112.50 | $112.51 | Repayment Received
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