Beatrice Ofosu

Beatrice Ofosu is a single parent and has 2 children. She has received schooling through senior high. Beatrice sells food supplies at Abura, which she has doing for about 10 years. Beatrice uses her income to pay for housekeeping expenses since her husband takes care of the family’s financial needs. Beatrice will use the loan as additional capital to enable her to buy more food supplies to increase sales to meet the increase in demand by her costumers. With the new profits from her expanded business, Beatrice plans to reinvest back for the expansion of her trade.



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.

Subscribe