Paxman Yahans


Status: Paying Back - Delinquent

$300.00   Loan Amount
50% repaid

About the Entrepreneur

Name: Paxman Yahans
Location: Elmina, Ghana
Activity: Photography

About the Loan

Loan Amount: $300.00
Loan Use: To buy the necessary items to help improve the quality of his services to customers
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 25, 2009
Date Disbursed: Mar 27, 2009
Date Funded:Mar 25, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4175 GHS = 1 USD



Paxman Yahans is a single parent with three children and has received schooling through senior high. Paxman has been a photographer since 1997. He travels in order to cover programmes and ceremonies with his video camera for a fee, primarily around the Elmina area. Paxman uses his income to help provide food, clothing and other basic needs of the family.


Paxman will use the loan to enable him to buy the necessary items to help improve the quality of his services to customers. With the new profits from his expanded business, Paxman plans to reinvest in his photography business by buying items like a photo-printing machine.


The bicycle by him is what he uses as a means of transport.



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 Paxman Yahans


Loan has been disbursed
 
Entrepreneur: Paxman Yahans
Location: Elmina, Ghana

Thank you for your loan. It has been disbursed to Paxman Yahans 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 27, 2009
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Kiva Help Repayment Schedule for Paxman Yahans

  Expected Repayments Actual Repayments Comments
July 2009 $50.00 $50.00 Repayment Received
August 2009 $50.00 $50.00 Repayment Received
September 2009 $50.00 $50.00 Repayment Received
October 2009 $50.00 $0.00 Delinquent
November 2009 $50.00 $0.00 Delinquent
December 2009 $50.00 Available Dec 1