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Assiongbonvi
Assiongbonvi A. owns a books store where he sells a variety of books in Elmina. Assiongbonvi has received senior high education. He is married and has four children. His wife is a hair dresser. Assiongbonvi has been selling books for some time now. He is responsible for paying school fees, bills and other family expenses. His loan will be used to buy Christian books in addition to the textbooks, novels, and literature books for sale. He hopes to use the new profits from his business to save to reinvest into his business to increase his capital.

Additional Information

Important Information About CRAN

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.

CRAN's creditors - including Kiva - have entered into a new Restructuring Agreement (For more information, please see CRAN's Field Partner profile: http://www.kiva.org/partners/91 ). Kiva will extend its ongoing policy of allowing CRAN to continue to raise funds on the Kiva website. New funds raised will be used to make repayments on older CRAN loans via Kiva’s standard net billing process.

About Ghana

  • $3,500
    Average annual income
  • 37
    View loans »
    Ghana Loans Fundraising
  • $11,588,250
    Funds lent in using Kiva
  • 1.4
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Assiongbonvi to buy Christian books in addition to textbooks, novels and literature books for sale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2010
Listed
Feb 10, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 6, 2010