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Mena
Mena is a food vendor. She cooks banku (a fermented corn/cassava dough cooked in hot water), which she sells at Yabiw near Takoradi. She serves her banku with soup, stew or pepper sauce, and fish. Mena is married to a farmer and has 5 children. She uses her income to support her husband in the general upkeep of their children. Her loan will be used to buy bags of maize, an ingredient needed for the preparation of banku. She hopes to use the new profits from her business to open a restaurant.

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
  • 32
    View loans »
    Ghana Loans Fundraising
  • $11,330,050
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD