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Mary
Mary is a food vendor. She prepares and sells Ga-kenkey, a dish she serves with fried fish and vegetable sauce. She has been engaged in this business for three years. She and her husband live with their three children at Apowa, near Takoradi. Her husband works as a driver. She uses her income to assist her husband in supporting the family and paying the children’s school fees.

Mary's loan will be used to purchase bags of maize and fish, which she uses in preparing her kenkey.

She intends to use the new profits from her business to create a place for her customers to eat.

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
  • 37
    View loans »
    Ghana Loans Fundraising
  • $11,603,250
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Mary to purchase bags of maize and fish which she uses in preparing the kenkey that she offers for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 13, 2012
Listed
May 10, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 14, 2012