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Efua
For some time now, Efua has been in the production of Fante kenkey. Fante kenkey is a common dish popularly known in the Central Region of Ghana. She is married and has six children. Her husband is a farmer. Efua helps her husband take care of the home. Efua will use the loan to purchase bags of maize to make kenkey for sale. She plans to reinvest the new profits from her expanded business back into the business.

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
  • 14
    View loans »
    Ghana Loans Fundraising
  • $10,998,925
    Funds lent in using Kiva
  • 1.6
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Efua to purchase bags of maize to make kenkey for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2011
Listed
Jan 2, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2012