Esther Arthur
Status: Paid Back
| $425.00 | Loan Request | |
|---|---|---|
| $425.00 | Paid Back |
About the Entrepreneur
| Name: | Esther Arthur |
|---|---|
| Location: | Elmina, Ghana |
| Activity: | Food Production/Sales |
About the Loan
| Loan Amount: | $425.00 |
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| Loan Use: | To buy ingredients for preparing food to sell |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Nov 22, 2008 |
| Date Disbursed: | Nov 21, 2008 |
| Date Funded: | Dec 7, 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 |
|---|---|
| Avg Annual Income: | $2,643.00 |
| Currency: | Ghana Cedis (GHS) |
| Exchange Rate: | 1.1889 GHS = 1 USD |
Esther sells cooked food to her customers at Boatase near Elmina. She started selling cooked food not long ago. She is responsible for assisting her husband in providing the basic needs of their family. Her loan will be used to buy ingredients for preparing food to sell. She hopes to save the new profits from her business for reinvestment.
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 Esther Arthur
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Loan has been disbursed
Location: Elmina, Ghana
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Posted by
from Elmina, Ghana
Dec 8, 2008 |
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Comment on this entry
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Repayment Schedule for Esther Arthur
Repayment Schedule for Esther Arthur
| Expected Repayments | Actual Repayments | Comments | |||
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| March 2009 | $70.83 | $70.83 |  Repayment Received
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| April 2009 | $70.83 | $70.83 | Repayment Received
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| May 2009 | $70.83 | $70.83 | Repayment Received
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| June 2009 | $70.83 | $70.83 | Repayment Received
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| July 2009 | $70.83 | $70.83 | Repayment Received
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| August 2009 | $70.85 | $70.85 | Repayment Received
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