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Mary
Mary is the lady pounding fufu. She operates a chop bar, where a variety of African dishes are sold. This she has done for 4 years now. The food served is fufu, banku and rice balls. She is married to a driver and has 5 children. Mary uses her income to assist her husband to pay their children’s school fees. She will use her loan to purchase food stuff and other ingredients to prepare food for sale. With the new profit, Mary plans to acquire a better place to serve her customers.

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
  • 28
    View loans »
    Ghana Loans Fundraising
  • $11,008,675
    Funds lent in using Kiva
  • 1.8
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Mary to buy food stuff and other ingredients to prepare food for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2012
Listed
Apr 29, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012