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Comfort
Comfort Q. is married with four dependants and has no formal education. She is a fish monger who sells smoked fish in small quantities in Duakyenim. She has been in this business since 1999. Her husband is a salt miner whose income is insufficient to meet the family’s expenses. Comfort uses all her income to support her husband in paying her children’s school fees. Comfort will use the loan to purchase more smoked fish for resale. She plans to save and reinvest the new profits earned from her expanded business.

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

  • $2,643
    Average annual income
  • 19
    View loans »
    Ghana Loans Fundraising
  • $11,207,575
    Funds lent in using Kiva
  • 1.5
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Comfort to purchase more smoked fish for resale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 29, 2009
Listed
May 26, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 23, 2010