Ekua sells underwear and cosmetics by moving from one place to another in and around the Jukwa market. Ekua A. is married and has two beautiful children. She has received a junior high education. Her husband is a commercial driver. Ekua uses her income to help her husband with the payment of school fees and utility bills.
Ekua will use the loan to purchase more cosmetics for sale. With the new earnings from her expanded business, Ekua plans to save enough money to eventually buy her own shop and to further educate her growing 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.