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Zenatu
Zenatu is married and has three children. Her husband is a driver. She has received a senior high education. Zenatu sells provisions such as tissue paper, fruit juice, canned fish, meat, toothpaste and other items at Abura near Nyame Bekyere. She has been doing this business for five years. Zenatu uses her income to assist her husband in the payment of school fees and utility bills. Zenatu will use the loan to purchase more provisions. With the new profits from her expanded business, Zenatu plans to reinvest her additional profit.

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
  • 8
    View loans »
    Ghana Loans Fundraising
  • $10,988,300
    Funds lent in using Kiva
  • 1.5
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Zenatu to purchase more provisions to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 3, 2011
Listed
Jun 19, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 23, 2011