Charles Owusu

Charles Owusu is married and has two children. He has received schooling through junior high. He uses his income to pay for housekeeping expenses and other utility bills.

Charles manufactures and sells design blocks in Hohoe. With the high demand for Charles’ design blocks, he will use the loan to buy cement, sand and other manufacturing machines to mold the blocks. With the new profits from his expanded business, Charles plans to save.




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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