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Yaa
Yaa S. is married and has four children. In order to supplement the income of her husband, who works with Zoomlion, a waste management company,Yaa prepares and sells kenkey, a popular Ghanaian dish made from fermented corn dough. Kenkey is usually served with pepper sauce and fried fish. Yaa would like to grow her business, and a loan from Kiva will allow her to purchase more corn and oil to increase her food production. She wants to save up enough to pay for her children’s tertiary education.



In the photo, Yaa is showing the soaked maize she uses for corn dough to prepare 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
  • 46
    View loans »
    Ghana Loans Fundraising
  • $11,467,375
    Funds lent in using Kiva
  • 1.5
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Yaa to purchase more corn and oil to increase her food production.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2011
Listed
Apr 28, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 28, 2011