Cecilia Mensah
Status: Paying Back - Delinquent
| $300.00 | Loan Amount |
|---|
About the Entrepreneur
| Name: | Cecilia Mensah |
|---|---|
| Location: | Elmina, Ghana |
| Activity: | Food Production/Sales |
About the Loan
| Loan Amount: | $300.00 |
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| Loan Use: | She would use the money given her to expand her business. |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Mar 22, 2009 |
| Date Disbursed: | Mar 25, 2009 |
| Date Funded: | Mar 22, 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: | 1.4061 GHS = 1 USD |
She would use the money given her to expand her business. Cecilia would then use the profit she would gain from the business to cater for her family’s utility bills and other financial needs.
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 Cecilia Mensah
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Loan has been disbursed
Location: Elmina, Ghana
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Posted by
from Elmina, Ghana
Mar 25, 2009 |
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Comment on this entry
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Repayment Schedule for Cecilia Mensah
Repayment Schedule for Cecilia Mensah
| Expected Repayments | Actual Repayments | Comments | |||
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| July 2009 | $50.00 | $50.00 |  Repayment Received
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| August 2009 | $50.00 | $50.00 | Repayment Received
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| September 2009 | $50.00 | $50.00 | Repayment Received
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| October 2009 | $50.00 | $0.00 |  Delinquent
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| November 2009 | $50.00 | $0.00 | Delinquent
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| December 2009 | $50.00 | Available Dec 1 | |||
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