Maame A. sells plastic containers, utensils and oranges at Jukwa. She moves from house to house during the day with the plastic containers and sells the oranges in the evening at the entrance of her home, since a lot of people pass by her house very frequently. Maame has received junior high education. She is married and stays with her two children. Her husband is a teacher. She supports her husband in the payment of rent and utility bills. Her loan will be used to buy more bowls, utensils and more oranges for resale. She hopes to use the new earnings from her business to save to build a shop for her sales business.
In the photo, she has some of the oranges and some few plastic products for display.
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.