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Theresah
Theresah lives with her husband and 1 child in Kajebil near Takoradi. Her husband works with Cocobord. Theresah is a petty trader, selling vegetables such as tomatoes, garden eggs (a type of African eggplant), onions, peppers, and other foodstuffs. She uses her income to assist her husband in paying their utility bills. Theresah will use her loan to purchase more vegetables and foodstuffs to sell. With the new profit, she 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
  • 43
    View loans »
    Ghana Loans Fundraising
  • $11,092,650
    Funds lent in using Kiva
  • 1.8
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Theresah to purchase more vegetables and foodstuffs to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2012
Listed
Apr 8, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 14, 2012