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Mary
Mary has been operating a grocery shop at Besease near Elmiina for 5 years now. She sells items such as milk, milo, sugar, soups, different kinds of soft drinks, tinned tomatoes, tinned fish, biscuits, toffees and powdered milk. She is married with 5 children. Her husband is a driver. Mary uses her income to support her husband in paying utility bills. She will use her loan to purchase groceries to sell. With the new profit, Mary 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
  • $11,330,050
    Funds lent in using Kiva
  • 1.7
    Ghana Cedis (GHS) = $1 USD