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Abena
Abena lives together with her husband at Frami near Abura. She extracts palm oil for sale. She has done this for ten years now. She uses her income to support her husband in paying their utility bills.

Abena will use her loan to purchase palm fruit so she can extract oil to sell. With the new profit, she wishes to purchase a machine for 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
  • 14
    View loans »
    Ghana Loans Fundraising
  • $11,214,150
    Funds lent in using Kiva
  • 1.7
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Abena to purchase palm fruit so she can extract oil to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2012
Listed
Mar 20, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012