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Elizabeth
Elizabeth A. is a peddler who supplies her customers with jewelry. She is married and lives together with her husband and two children. She has been in this trade for just three years. She needs to increase her sales as the demands for other types of jewelry are increasing. A loan will enable her to buy more jewelry to maintain her customers. Her husband is a farmer. Elizabeth uses her income to assist her husband in the payment of school fees and utility bills. With the new profits from her expanded business, Elizabeth wants to build 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
  • $11,131,775
    Funds lent in using Kiva
  • 1.5
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Elizabeth to buy a variety of jewelry to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2011
Listed
May 3, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 1, 2011