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Lucy
Lucy T. is 27 years old with no children. She is a trader who sells clothing materials and slippers around Abura market in Cape Coast. She is requesting $525 to buy slippers and additional clothing materials so she can expand her client base. Lucy is also a member of a lending group called “Faith Group”, which consists of eleven members in Cape Coast, Ghana.

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
  • 1.0
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Lucy lucy would like to buy slippers and additional clothing materials so she can expand her client base.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 14, 2008
Listed
Feb 29, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 18, 2008