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Fati
Fati R. is a distributor. She buys beans, maize, ground nuts, and other such foods in bulk and distributes them in smaller quantities to her customers. She is married and has 3 children. She is working very hard to support her husband and to meet her family’s financial needs. Demand for her goods has increased, so she wants to increase her sales.

Fati is seeking $525 of additional capital to enable her buy more beans, maize, and ground nuts to meet the needs of her customers.

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
  • 30
    View loans »
    Ghana Loans Fundraising
  • $11,122,525
    Funds lent in using Kiva
  • 1.0
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Fati to purchase additional beans, maize, and ground nuts in bulk to meet the needs of her customers.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 20, 2008
Listed
Feb 5, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 20, 2008