Faustina Buah


Status: Paying Back - Delinquent

$575.00   Loan Amount
49% repaid

About the Entrepreneur

Name: Faustina Buah
Location: Siwdo, Ghana
Activity: Food Production/Sales

About the Loan

Loan Amount: $575.00
Loan Use: To buy food items and ingredients to increase sales
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 22, 2009
Date Disbursed: Mar 10, 2009
Date Funded:Mar 22, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4013 GHS = 1 USD



Faustina Buah is a single woman, with no children, who has received a senior high education. She prepares a variety of fast food to sell at Pedu Junction near Cape Coast and has been running her business since 2008. Faustina is responsible for paying the rent, utility bills and other expenses. Her loan will be used as additional capital to buy food items and ingredients so that she can increase her sales. She hopes to reinvest the new profits from her business to expand her trade further.



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.

Subscribe

Lenders to this entrepreneur

Sean & Shelley
Brooklyn, NY
United States

T.P.
Forest Hills, NY
United States

Deborah
Dallas, TX
United States

Patrick
Portage, MI
United States

IGB
APO, AE

Andreas Dittes
Sulzfeld,
Germany

Good Dogg
Front Porch, www.kivafriends.org
United States

Michelle
Palo Alto, California
United States

The Garden
Carmel, IN
United States

Francesco
Lauria, Potenza
Italy

victoria
san Jose, CA
United States

Miracle Noodle Team
Santa Monica, CA
United States

Mattias
Gothenburg,
Sweden

Doris Wilder Memorial
Natick, MA
United States

Georgina
Rio de Janeiro, RJ
Brazil

The Brown Family
Lander, WY
United States

Matt
Minneapolis, MN
United States



Top Lending Teams for this entrepreneur


Miracle Noodle Team
Other
30 Members

Kiva Christians
Friends
3104 Members

Explainers
Businesses
14 Members

Princeton Kiva Lending Team
Alumni Groups
17 Members

Sweden
Local Area
464 Members

Journal entries for Faustina Buah


Loan has been disbursed
 
Entrepreneur: Faustina Buah
Location: Siwdo, Ghana

Thank you for your loan. It has been disbursed to Faustina Buah by Christian Rural Aid Network (CRAN) in Ghana. We are excited to watch this business grow. Over the 6 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 Siwdo, Ghana
Mar 23, 2009
Comment on this entry

Kiva Help Repayment Schedule for Faustina Buah

  Expected Repayments Actual Repayments Comments
July 2009 $95.83 $95.83 Repayment Received
August 2009 $95.83 $95.83 Repayment Received
September 2009 $95.83 $95.83 Repayment Received
October 2009 $95.83 $0.00 Delinquent
November 2009 $95.83 $0.00 Delinquent
December 2009 $95.85 Available Dec 1