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Felicia
Felicia A. is married and has four children. She has received senior high education.

Felicia is a hairdresser who owns a beauty salon. She sells assorted wigs and bush meat at Akotoyir near Abura, a suburb in Cape Coast, which she has been doing for the past four years. Her husband is a contractor. Felicia uses her income to support her husband in the payment of school fees and utility bills.

Felicia will use the loan to purchase hair attachments, weave-ons (hair extensions) and bush meat for resale. With the new profits from her expanded business, Felicia plans to save to educate her children.

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
  • 8
    View loans »
    Ghana Loans Fundraising
  • $10,838,400
    Funds lent in using Kiva
  • 1.4
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Felicia to purchase hair attachments, weave-ons and bush meat for resale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2009
Listed
Dec 18, 2009
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2010