Anna Duncan


Status: Paid Back

$950.00   Loan Request
$950.00   Paid Back

About the Entrepreneur

Name: Anna Duncan
Location: Elmina, Ghana
Activity: Food Market

About the Loan

Loan Amount: $950.00
Loan Use: to purchase food to sell
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 17, 2009
Date Disbursed: Dec 18, 2008
Date Funded:Jan 17, 2009
Loan Ended:Aug 15, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.2890 GHS = 1 USD



Anna Duncan sells food supplies such as beans, maize, and groundnuts in Nsuakye. She has been selling food supplies since 2000. The loan she is requesting will be used as an additional capital to enable her to purchase more food to sell. She hopes to save the profit from her business for a house she wants to build with her husband for the family.

Anna has received up to a junior high school education. She is married and has three children. She is responsible for supporting her husband in paying rent, utility bills and other basic family expenses.



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 Anna Duncan


Loan has been disbursed
 
Entrepreneur: Anna Duncan
Location: Elmina, Ghana

Thank you for your loan. It has been disbursed to Anna Duncan by Christian Rural Aid Network (CRAN) in Ghana. We are excited to watch this business grow. Over the 7 months of this loan, Christian Rural Aid Network (CRAN) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Elmina, Ghana
Jan 18, 2009
Comment on this entry

Kiva Help Repayment Schedule for Anna Duncan

  Expected Repayments Actual Repayments Comments
April 2009 $158.33 $158.33 Repayment Received
May 2009 $158.33 $158.33 Repayment Received
June 2009 $158.33 $158.33 Repayment Received
July 2009 $158.33 $158.33 Repayment Received
August 2009 $158.33 $158.33 Repayment Received
September 2009 $158.35 $158.35 Repayment Received