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Elizabeth
Elizabeth is a small-scale trader. She trades in ladies’ and children’s dresses, underwear, jeans, and shoes, and has been in this business for three years. She is a single parent and has one child. She lives at Aboadzi near Takoradi. Elizabeth uses her income to feed and clothe her child.
Elizabeth will use her loan to purchase more ladies’ and children's dresses and underwear for resale. With the new profits from her expanded business, Elizabeth hopes to build a shop from which she can sell her goods.

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
  • 40
    View loans »
    Ghana Loans Fundraising
  • $11,090,375
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Elizabeth to purchase more ladies’ and children's dresses and underwear to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2012
Listed
Jun 20, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 21, 2012