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Awulatu
Awulatu I. sells provisions and clothing at Akaa Kkrom near Abura, a business she has operated for five years. She is married and has a child. Her income is combined with that of her husband, who is a seller of spare parts, in order to pay their household expenses. This loan will help to expand Awulatu's clothing business. She hopes to use the new profits from her business to save towards building a shop.

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

  • $2,643
    Average annual income
  • 26
    View loans »
    Ghana Loans Fundraising
  • $11,320,675
    Funds lent in using Kiva
  • 1.5
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Awulatu to expand her clothing sales business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 3, 2011
Listed
Mar 11, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 19, 2011