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Vida
Vida T. is married with two children and has received an education through Vocational School. Since 1999, she has worked as a trader selling provisions at Ankwanda near Elmina. Her husband is also a trader. Vida uses her income to pay for school fees, her family’s light bill and rent. She will use the loan to purchase additional provisions such as sugar, milk, rice and soap which she will sell in her shop. With the new profits from her expanded business, Vida plans to purchase land and build a home for her family.

Additional Information

Important Information About CRAN

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.

CRAN's creditors - including Kiva - have entered into a new Restructuring Agreement (For more information, please see CRAN's Field Partner profile: http://www.kiva.org/partners/91 ). Kiva will extend its ongoing policy of allowing CRAN to continue to raise funds on the Kiva website. New funds raised will be used to make repayments on older CRAN loans via Kiva’s standard net billing process.

About Ghana

  • $3,500
    Average annual income
  • 34
    View loans »
    Ghana Loans Fundraising
  • $11,572,300
    Funds lent in using Kiva
  • 1.5
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Vida to purchase additional provisions for her shop.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 29, 2009
Listed
Apr 28, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 23, 2010