Fustina Eshun


Status: Paying Back - Delinquent

$375.00   Loan Amount
66% repaid

About the Entrepreneur

Name: Fustina Eshun
Location: Elmina, Ghana
Activity: Grocery Store

About the Loan

Loan Amount: $375.00
Loan Use: Buy more groceries to sell
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 22, 2009
Date Disbursed: Feb 17, 2009
Date Funded:Feb 22, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.3627 GHS = 1 USD



Fustina Eshun sells groceries like biscuits, canned products and other items at Bronibima near Elmina. Fustina has received a junior high education. She is married and has 4 dependents. Her husband is a construction worker. Fustina started selling groceries not too long ago. She is responsible for assisting her husband with the housekeeping expenses. Her loan will be used to buy groceries to meet the demand from her customers. She hopes to use the new profits from her business to reinvest for the expansion of her trade.





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 Fustina Eshun


Loan has been disbursed
 
Entrepreneur: Fustina Eshun
Location: Elmina, Ghana

Thank you for your loan. It has been disbursed to Fustina Eshun 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
Feb 23, 2009
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Kiva Help Repayment Schedule for Fustina Eshun

  Expected Repayments Actual Repayments Comments
June 2009 $62.50 $62.49 Repayment Received
July 2009 $62.50 $62.50 Repayment Received
August 2009 $62.50 $62.50 Repayment Received
September 2009 $62.50 $62.51 Repayment Received
October 2009 $62.50 $0.00 Delinquent
November 2009 $62.50 $0.00 Delinquent