Alberta Amisah


Status: Paying Back - Delinquent

$600.00   Loan Amount
66% repaid

About the Entrepreneur

Name: Alberta Amisah
Location: Elmina, Ghana
Activity: Used Clothing

About the Loan

Loan Amount: $600.00
Loan Use: To use as additional capital to increase the sales of used clothing.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 1, 2009
Date Disbursed: Feb 27, 2009
Date Funded:Mar 1, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.3672 GHS = 1 USD



Alberta Amisah sells used clothing at Elmina. Alberta has received a junior high school education. She is married with 2 children, and her husband is a mason. Alberta has been selling used clothing since 1991, and is responsible for assisting her husband with the housekeeping expenses. Her loan will be used as additional capital to enable her to increase the sales of used clothing to meet the increase in demand by her customers. She hopes to use the new profits from her business to save towards a house she wants to build with her husband.



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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Lenders to this entrepreneur

Anna-Marco
Naaldwijk,
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Liz
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Nick
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Laurie
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Laurent D
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Rob and Amanda
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Kelly
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Sierra Foundation
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Albert
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Don
Ocean Springs, MS
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Sherry
Austin, TX
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Anonymous
Union City, NJ
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Anonymous
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Martin

Ireland

Anonymous
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Journal entries for Alberta Amisah


Loan has been disbursed
 
Entrepreneur: Alberta Amisah
Location: Elmina, Ghana

Thank you for your loan. It has been disbursed to Alberta Amisah 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
Mar 2, 2009
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Kiva Help Repayment Schedule for Alberta Amisah

  Expected Repayments Actual Repayments Comments
June 2009 $100.00 $99.99 Repayment Received
July 2009 $100.00 $100.00 Repayment Received
August 2009 $100.00 $100.00 Repayment Received
September 2009 $100.00 $100.01 Repayment Received
October 2009 $100.00 $0.00 Delinquent
November 2009 $100.00 $0.00 Delinquent