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Helena
Helena A. is a dealer of unsewn clothing material, shoes, bags and so on. She is a married woman with one child who is six years old. Her husband is a transport owner but his income is not sufficient to meet the family’s financial needs. Helena is working very hard to support her husband with the family’s finances. Demand for her goods has increased.

She is asking for $1,200 as additional capital to buy more materials, shoes, bags, etc. to meet the demand of her customers.

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
  • 36
    View loans »
    Ghana Loans Fundraising
  • $11,598,000
    Funds lent in using Kiva
  • 1.0
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Helena as additional capital to buy more materials, shoes, bags, etc. to meet the demand of her customers.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 17, 2008
Listed
Jan 3, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 20, 2008