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Ama
Ama is divorced and has 8 children. Ama sells kenkey and fried fish at Elmina, which she has done for 4 years. She sees to the general upkeep of her home with the income from the selling of the fish and kenkey. Ama will use the loan to purchase sacks of maize and fresh fish to fry for sale. With the new profits from her expanded business, Ama plans to save towards buying land.

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
  • 41
    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 $400 helped Ama to purchase sacks of maize and fresh fish to fry for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 7, 2011
Listed
Nov 7, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2012