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Araba
Araba is married and has 6 children. She makes soya kebab for sale in Abura (as shown in the picture). The kebab is made from soya beans. Her husband is a mason. Araba uses her income to help her husband with the general upkeep of their home. Araba will use this loan to puchase bags of soya beans to process into kebabs for sale. Her future plan for her business is to build a snack bar.

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
  • 28
    View loans »
    Ghana Loans Fundraising
  • $11,008,675
    Funds lent in using Kiva
  • 1.5
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Araba buy soya beans to make kebabs for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 31, 2011
Listed
Jul 2, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 13, 2012