Akyea Justice
| $525 |
Loan Request
Disbursed
: May 9, 2008
Listed: Apr 19, 2008
Funded: Apr 25, 2008
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|---|---|
| $525 |
Paid Back
Ended: Jan 15, 2009
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About the Field Partner
| Christian Rural Aid Network (CRAN) administers this loan. Learn more | |||||||
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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: | 26 months | ||||||
| Kiva Entrepreneurs: | 2521 | ||||||
| Total Loans: | $1,092,750 | ||||||
| Interest & Fees are Charged: | Yes (Learn more) | ||||||
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| Delinquency Rate: | 40.18% | ||||||
| Default Rate: | 0.00% | ||||||
| Currency Exchange Loss Rate: | 0.00% | ||||||
| More on this field partner >> | |||||||
About the Country
| Country: | Ghana |
|---|---|
| Avg Annual Income: | $2,643 |
| Currency: | Ghana Cedis (GHS) |
| Exchange Rate: | 0.9947 GHS = 1 USD |
About the Loan
| Location: | Cape Coast, Ghana | Repayment Term: | 10 months (more info) |
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|---|---|---|---|---|
| Activity: | Electrical Goods | Repayment Schedule: | Monthly | |
| Loan Use: | As additional capital to enable him to buy more goods for sale | Currency Exchange Loss: | Covered | |
| Default Protection: | Covered |
He is asking for $525 as additional capital to enable him to buy more goods for sale.
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 Akyea Justice
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Loan has been disbursed
Location: Cape Coast, Ghana
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Posted by
from Cape Coast, Ghana
May 9, 2008 |
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Comment on this entry
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Repayment Schedule for Akyea Justice
Repayment Schedule for Akyea Justice
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2008 | $75.00 | $75.00 |  Repayment Received
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| September 2008 | $75.00 | $75.00 | Repayment Received
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| October 2008 | $75.00 | $75.00 | Repayment Received
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| November 2008 | $75.00 | $75.00 | Repayment Received
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| December 2008 | $75.00 | $75.00 | Repayment Received
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| January 2009 | $75.00 | $75.00 | Repayment Received
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| February 2009 | $75.00 | $75.00 | Repayment Received
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