Florence Tetteh

Thank you for your loan. It has been disbursed to Florence Tetteh by Christian Rural Aid Network (CRAN) in Ghana. We are excited to watch this business grow. Over the 7 months of this loan, Christian Rural Aid Network (CRAN) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.

Florence has set up her business selling pots, pans and bowls in a prime spot at the main entrance to the market in her coastal town. Almost everyone who goes to the market passes by Florence, and as we talk, she calls out greetings to many of the people coming and going.

Florence is married and has a 21 year old daughter who is in beauty school. Florence and her husband also care for her parents, and another dependent, a “house girl” who stays with them and helps to cook and clean the house. With this last loan of 800 cedis from Christian Rural Aid Network (CRAN), Florence was able to purchase more inventory for her business, and as you can see in the photo below, she has a good selection of bowls and other stainless steel pots. Florence has reinvested all the profits from this loan cycle, building up her inventory in preparation for the busy season coming in August, when this fishing town’s economy gets a boost from the “bumper” fish harvest. Though the local economy is slow right now, Florence fully expects it to pick up in August, as she says it does every year.

Already borrowing from CRAN for three years, Florence says that doing so has helped her to expand her business and improve her standard of living. She believes that with Kiva lenders’ continued help, she will one day be able to buy land and build a house on it. Then, she says, she will build a beauty shop for her daughter. On behalf of Florence, her family and CRAN, I thank you for your part in enabling Florence to build her business so that she and her family live better now and have belief that the future will be even better!

About Christian Rural Aid Network:

Christian Rural Aid Network is a non-governmental, rural development organization established in 1993 with the aim of promoting an improvement in the quality of life and the socio-economic development of the rural poor in Ghana. Based in Cape Coast and operating in three regions and seven different districts, CRAN’s work is based on the values of Christian motivation and obligation towards the development of the individual as a whole, employing and promoting “demand-led” or “self-help” strategies for community development and rural poverty reduction. CRAN’s mission is to “work towards the improvement in the quality of life of the rural poor, the disadvantaged and the marginalized populations and communities in a holistic fashion (physically, socially, economically and spiritually), with emphasis on the right of children to quality formal education, in addition to the economic and social empowerment of women in a professional and qualitative manner”. To learn more about CRAN, click here. To browse through profiles of recent CRAN loan applicants and to make a loan to another worthy CRAN loan client, click here.

Florence is married and has one 22 old daughter, who finished school and helps her in her business. They live together with Florence’s husband, a stenograph, in a rented house.

Florence buys pots, that her daughter sells. To improve her business, she decided to take a microloan from the Christian Rural Aid Network (CRAN). With this loan, she was able to range her stock and to increase her profit, from 5 to 10 cedi a week. She uses her profit to reinvest in her business and to save some money to built a house, some day.

A big challenges in her business are clients, who buy the pots on credit. For her it is very stressful to get the money. But after this loan, she said, everything become easier and her life has improved. She was already able to buy land, for building a house.

Florence thanks every lender very much, for giving her the chance to improve her business, which helps her to fulfill her dreams step by step.

About Christian Rural Aid Network:

Christian Rural Aid Network is a non-governmental, rural development organization established in 1993 with the aim of promoting an improvement in the quality of life and the socio-economic development of the rural poor in Ghana. Based in Cape Coast and operating in three regions and seven different districts, CRAN’s work is based on the values of Christian motivation and obligation towards the development of the individual as a whole, employing and promoting “demand-led” or “self-help” strategies for community development and rural poverty reduction. CRAN’s mission is to “work towards the improvement in the quality of life of the rural poor, the disadvantaged and the marginalized populations and communities in a holistic fashion (physically, socially, economically and spiritually), with emphasis on the right of children to quality formal education, in addition to the economic and social empowerment of women in a professional and qualitative manner”. To learn more about CRAN, click here. To browse through profiles of recent CRAN loan applicants and to make a loan to another worthy CRAN loan client, click here.