Paul Amoah
Status: Paying Back - Delinquent
| $375.00 | Loan Amount |
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About the Entrepreneur
| Name: | Paul Amoah |
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| Location: | Cape Coast, Ghana |
| Activity: | Shoe Sales |
About the Loan
| Loan Amount: | $375.00 |
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| Loan Use: | Purchase more shoes to expand his business. |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Mar 28, 2009 |
| Date Disbursed: | Mar 27, 2009 |
| Date Funded: | Mar 28, 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: | 1.4135 GHS = 1 USD |
Paul uses his income to pay for rent, school fees and utilities. He will use the loan to purchase more shoes to expand his business. With the new profits from his expanded business, Paul plans to buy land.
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 Paul Amoah
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Loan has been disbursed
Location: Cape Coast, Ghana
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Posted by
from Cape Coast, Ghana
Mar 29, 2009 |
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Comment on this entry
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Repayment Schedule for Paul Amoah
Repayment Schedule for Paul Amoah
| Expected Repayments | Actual Repayments | Comments | |||
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| July 2009 | $62.50 | $62.50 |  Repayment Received
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| August 2009 | $62.50 | $62.50 | Repayment Received
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| September 2009 | $62.50 | $62.50 | Repayment Received
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| October 2009 | $62.50 | $0.00 |  Delinquent
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| November 2009 | $62.50 | $0.00 | Delinquent
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| December 2009 | $62.50 | Available Dec 1 | |||
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