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Aba
Aba is married and has 4 children. Aba produces Fanti kenkey (fermented corn dough wrapped in leaves) for sale. In front of Aba is the kenkey she has produced. She has been in this business for 6 years. Aba uses her income to support her husband in feeding and clothing their children, as well as paying for school fees. Aba will use her loan to purchase bags of maize, leaves and firewood to produce her kenkey for sale. 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
  • 20
    View loans »
    Ghana Loans Fundraising
  • $11,204,825
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Aba to purchase bags of maize, leaves and firewood to produce kenkey for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2012
Listed
May 13, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 14, 2012