Maame P. sells soap, washing powder, toothpaste and other items at Abura by travelling from one house to another.
Maame has been through senior high education. She is married and has a child. Her husband is a plumber and she supports her husband in providing the basic needs of the family.
Maame has been in this trade for two years. Her loan will be used to buy more provisions to sell. She anticipates using the new profits from her business to save to buy a shop for her business.
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.