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Abena
Abena makes a living by selling fried doughnuts, moving from one place to another to serve her customers. She is a single parent who cares for six children. She also runs a business on the side making palm oil. Abena is applying for this loan to buy more of the ingredients she needs to make donuts, including flour, sugar and oil. By selling more donuts, she hopes to improve her family's quality of life.

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
  • 47
    View loans »
    Ghana Loans Fundraising
  • $11,460,400
    Funds lent in using Kiva
  • 1.6
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Abena to buy ingredients to make more donuts to sell to her customers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 5, 2011
Listed
Oct 10, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 23, 2012