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Agnes
Agnes P. is single. She has received schooling through junior high. Agnes sells Hair creams, relaxes, shampoos and other cosmetics at Bla in Hohoe. Agnes is solely responsible for her feeding, clothing and other financial commitment. With the high demand for Agnes cosmetics and hair product, she plans to use the loan to purchase more of the cosmetics and sell. With the new profits from her expanded business, Agnes plans to invest into the 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
  • 27
    View loans »
    Ghana Loans Fundraising
  • $11,149,275
    Funds lent in using Kiva
  • 1.5
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Agnes she plans to use the loan to purchase more of the cosmetics and sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 18, 2009
Listed
Aug 18, 2009
Currency Exchange Loss:
Possible
Ended:
Jul 24, 2010