Check out other loans that are currently fundraising!
Moru
Moru B. is a butcher who sells fresh meat at Abotoase near Hohoe. Moru has received no formal education. He is married and has six dependents.

Moru has been selling fresh meat for quite a while. He is responsible for looking after six children and other family expenses. His loan will be used to buy more cows, goats and sheep for slaughter and resale. He hopes to use the new profits from his business to reinvest to expand his 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

  • $3,500
    Average annual income
  • 46
    View loans »
    Ghana Loans Fundraising
  • $11,460,400
    Funds lent in using Kiva
  • 1.5
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Moru to buy more cows, goats and sheep for slaughter and resale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2009
Listed
Jun 19, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 23, 2010