Evelyn makes a living baking pastries, bread and sweets in the village of Ayensudo, which is located near the larger town of Elmina. She is a high school graduate, married and has four children. Her husband is a pastor and she helps him take care of their home. She will use her loan to buy flour, sugar, turmeric and other ingredients she needs for her baking. She hopes to use the new profits to provide a meaningful education to her children.
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.