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Sophia
Sophia produces kenkey for sale. In the photo, Sophia is standing beside the maize she uses in her kenkey production. She is married to a driver and has one child. She uses her income to support her husband in the general upkeep of the family. Sophia needs this loan to purchase bags of maize for her kenkey production. With the new profit, Sophia will 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
  • 7
    View loans »
    Ghana Loans Fundraising
  • $10,839,425
    Funds lent in using Kiva
  • 1.7
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Sophia purchase bags of maize for her kenkey production.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2012
Listed
Feb 25, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 16, 2012