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Ama
For the past 10 years, Ama has been married to an electrician. They live together with their five dependents. Ama sells gari (processed cassava) and maize in Elmina. Her income is used to assist her husband in the payment of school fees and utility bills. Ama will use the loan to purchase cassava to process for sale. With the new profits from her expanded business, Ama plans to save to reinvest back into her business.

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
  • 31
    View loans »
    Ghana Loans Fundraising
  • $11,338,825
    Funds lent in using Kiva
  • 1.5
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Ama to purchase cassava to process for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2011
Listed
Jun 16, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 22, 2011