Francis Kwabena Arthur
Status: Paid Back
| $525 |
Loan Request
Disbursed
: May 8, 2008
Listed: Apr 24, 2008
Funded: Apr 24, 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 |
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| Avg Annual Income: | $2,643 |
| Currency: | Ghana Cedis (GHS) |
| Exchange Rate: | 0.9928 GHS = 1 USD |
About the Loan
| Location: | Cape Coast, Ghana | Repayment Term: | 10 months (more info) |
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| Activity: | Carpentry | Repayment Schedule: | Monthly | |
| Loan Use: | To buy more raw materials for production. | Currency Exchange Loss: | Covered | |
| Default Protection: | Covered |
Arthur Francis Kwabena is a successful carpenter. He is married and has 2 children. Business is good, but he needs additional capital to match his rising customer demand and high production costs.
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.
He is asking for $525 to buy more raw materials for production.
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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Lenders to this entrepreneur
Tom
Fordingbridge,
United Kingdom
Anonymous
London, London
United Kingdom
Sam
Cambridge, Cambridgeshire
United Kingdom
Stephen
Calgary, Alberta
Canada
Ali Cherkaoui
Paris, Ile-de-France
France
Sandy
Universal City, TX
United States
Nancy
Gahanna, OH
United States
Elizabeth
Two Harbors, MN
United States
Jessica
St. Charles, MO
United States
Trish and Doug
Long Beach, CA
United States
Shannon
Tulsa, OK
United States
Faye
Vancouver, British Columbia
Canada
Emily's Family
Santa Barbara, CA
United States
Iglesias family
West Lafayette, IN
United States
Good Dogg
Front Porch, www.kivafriends.org
United States
Lori
Katy, TX
United States
Tom
Tokyo,
Japan
Journal entries for Francis Kwabena Arthur
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Loan has been disbursed
Location: Cape Coast, Ghana
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Posted by
from Cape Coast, Ghana
May 8, 2008 |
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Comment on this entry
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Journal Update
Location: Cape Coast, Ghana
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Posted by
Sarah Allen from Cape Coast, Ghana
Jun 24, 2008 |
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Comment on this entry
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Repayment Schedule for Francis Kwabena Arthur
Repayment Schedule for Francis Kwabena Arthur
| Expected Repayments | Actual Repayments | Comments | |||
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| 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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