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Adjoa
Adjoa A. prepares kenkey (sourdough dumplings) at Abura. She is married and has three children. Her husband is a famer, and she assists her husband in the payment of school fees and utility bills. Demand for her goods is high and she is looking to expand her business. She will use the loan to purchase more maize to prepare more kenkey for sale. She hopes to reinvest her additional capital.

Adjoa at the time of visit had not processed the maize into dough to be used, and she is showing the soaked maize she would be using for the kenkey.

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

  • $3,500
    Average annual income
  • 38
    View loans »
    Ghana Loans Fundraising
  • $11,598,000
    Funds lent in using Kiva
  • 1.5
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Adjoa to purchase more maize to prepare more kenkey for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 26, 2010
Listed
Dec 20, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 3, 2011