Victoria Arhin
Status: Paid Back
| $350.00 | Loan Request | |
|---|---|---|
| $350.00 | Paid Back |
About the Entrepreneur
| Name: | Victoria Arhin |
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| Location: | Elmina, Ghana |
| Activity: | Food Production/Sales |
About the Loan
| Loan Amount: | $350.00 |
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| Loan Use: | Her loan will be used to buy fresh fish and yams for frying and then resale. |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Nov 26, 2008 |
| Date Disbursed: | Nov 24, 2008 |
| Date Funded: | Nov 26, 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: | 2431 |
| Total Loans: | $1,056,275 |
| Delinquency Rate: | 55.55% |
| 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 |
Victoria Arhin has been selling fried fish and yam at Tetermu near Elmina since 2003. Victoria has received Junior high education. She is a single parent with two children and she is responsible for paying her children's school fees, utility bills and other expenses. Her loan will be used to buy fresh fish and yams for frying and then resale. She hopes to use the new profits from her business to reinvest in the expansion of the 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 Victoria Arhin
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Loan has been disbursed
Location: Elmina, Ghana
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Posted by
from Elmina, Ghana
Nov 27, 2008 |
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Comment on this entry
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Repayment Schedule for Victoria Arhin
Repayment Schedule for Victoria Arhin
| Expected Repayments | Actual Repayments | Comments | |||
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| March 2009 | $58.34 | $58.34 |  Repayment Received
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| April 2009 | $58.34 | $58.34 | Repayment Received
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| May 2009 | $58.34 | $58.34 | Repayment Received
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| June 2009 | $58.34 | $58.33 | Repayment Received
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| July 2009 | $58.34 | $58.34 | Repayment Received
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| August 2009 | $58.30 | $58.31 | Repayment Received
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