Mansa E. sells gari; she buys raw cassava and processes it into a dough, then fries it to get it dry. She sells her product at Abrodzirum near Shama-kedzi. Mansa has no formal education. She is married and has four children. Her husband is a farmer. Mansa has been selling gari since 2004. She pays the school fees and utility bills. Her loan will be used to buy more cassava to use as dough for the gari she sells. She hopes to save the new profits from her business to increase her income and educate her children.
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.