Grace Adjewaa
Status: Paying Back - Delinquent
| $375.00 | Loan Amount |
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About the Entrepreneur
| Name: | Grace Adjewaa |
|---|---|
| Location: | Siwdo, Ghana |
| Activity: | Fish Selling |
About the Loan
| Loan Amount: | $375.00 |
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| Loan Use: | to increase her capital to buy fish in larger quantities |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Feb 6, 2009 |
| Date Disbursed: | Jan 22, 2009 |
| Date Funded: | Feb 6, 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: | 1.3430 GHS = 1 USD |
Grace has been selling fish since 2006. She is responsible for helping pay the children's school fees and other family expenses. Her loan will be used to increase her capital to buy fish in larger quantities for processing and sale. She hopes to use the new profits from her business to reinvest back for the expansion of her business selling processed fish.
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 Grace Adjewaa
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Loan has been disbursed
Location: Siwdo, Ghana
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Posted by
from Siwdo, Ghana
Feb 7, 2009 |
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Comment on this entry
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Repayment Schedule for Grace Adjewaa
Repayment Schedule for Grace Adjewaa
| Expected Repayments | Actual Repayments | Comments | |||
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| May 2009 | $62.50 | $62.50 |  Repayment Received
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| June 2009 | $62.50 | $62.49 | Repayment Received
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| July 2009 | $62.50 | $62.50 | Repayment Received
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| August 2009 | $62.50 | $62.50 | Repayment Received
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| September 2009 | $62.50 | $62.51 | Repayment Received
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| October 2009 | $62.50 | $0.00 |  Delinquent
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