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Efua
Efua is the lady pounding fufu (a thick snack paste) in the picture. She operates a chop bar (a place where a variety of African dishes are sold) and she has done this the last two years.

The foods she serves are fufu, banku (fermented dough) and rice balls. She is married with two children. Efua uses her income to support her husband to pay their children’s school fees. She will use her loan to purchase food and other ingredients to prepare food for sale. With the new profits, Efua plans to operate a restaurant.

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
  • 17
    View loans »
    Ghana Loans Fundraising
  • $11,141,550
    Funds lent in using Kiva
  • 1.7
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Efua purchase food and other ingredients to prepare food for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 12, 2012
Listed
Feb 4, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012