Maame Afia G.' work days take place at the market in Jukwa near Abura which is close to Cape Coast. After getting there in the morning, she arranges her goods like rice, canned tomatoes, fried fish or groundnuts and starts selling. Maame Afia went through junior high school and has been a market woman for the past seven years. She is married to a teacher and has two children with him.
With the money she makes she assists her husband in the payment of schooling materials for their children and utility bills. Her dream for her children is a high school education. In order to make sure this is going to happen, she wants to use the money from the loan to grow her business and increase her profit. To achieve this goal she will buy more goods and offer her customers a greater variety.
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.