Theophilus Attipoe
Status: Paying Back - Delinquent
| $300.00 | Loan Amount |
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About the Entrepreneur
| Name: | Theophilus Attipoe |
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| Location: | Elmina, Ghana |
| Activity: | Grocery Store |
About the Loan
| Loan Amount: | $300.00 |
|---|---|
| Loan Use: | Buy additional stock to meet the high demand from customers. |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Mar 24, 2009 |
| Date Disbursed: | Mar 27, 2009 |
| Date Funded: | Mar 24, 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: | 2427 |
| Total Loans: | $1,054,875 |
| Delinquency Rate: | 55.72% |
| 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: | 1.4083 GHS = 1 USD |
Theophilus has received a junior high degree, is married and has three children. His wife has the occupation of a fishmonger. He is responsible for providing financial support, food, clothing and other basic needs for the family.
His loan will be used to buy additional stock to increase the sale of goods to meet the high demand from his customers. Theophilus hopes to use the new profits from his business to support the expansion of his 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 Theophilus Attipoe
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Loan has been disbursed
Location: Elmina, Ghana
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Posted by
from Elmina, Ghana
Mar 27, 2009 |
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Comment on this entry
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Repayment Schedule for Theophilus Attipoe
Repayment Schedule for Theophilus Attipoe
| 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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