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Nana
Nana is a petty trader. She sells slippers. She also operates a grocery shop at Mpohor near Takoradi, and this she has done for some two years now. The items in her grocery shop are soap, cooking oil, tins of tomatoes, different kinds of drinks, biscuits, toffees, powdered milk and others.

She is married and has five children. Nana uses her income to pay her children’s school fees. She will use her loan to purchase a variety of groceries to sell. With the new profit, Nana plans to expand her grocery shop.

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

  • $3,500
    Average annual income
  • 33
    View loans »
    Ghana Loans Fundraising
  • $11,572,300
    Funds lent in using Kiva
  • 1.8
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Nana to purchase a variety of groceries to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 5, 2012
Listed
Apr 22, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 25, 2012