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Akosua
Akosua sells kenkey (fermented maize or cassava dumplings) and maize. Akosua has been into this business for some time now. She lives together with her husband and three children in Ampenyi near Elmina.

She uses her income to assist her husband in paying their children’s school fees. Akosua will use her loan to purchase maize in bulk for sale and for the preparation of her kenkey to sell. With the new profit, Akosua plans to expand her 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
  • 31
    View loans »
    Ghana Loans Fundraising
  • $11,122,525
    Funds lent in using Kiva
  • 1.7
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Akosua to purchase maize in bulk for sale and for the preparation of her kenkey (fermented maize or cassava dumplings) to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 11, 2012
Listed
Feb 5, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 25, 2012