Ekua is married and has five children. She has received a basic education (primary school). Ekua sells doughnuts in Brenu Akyimu, near Elmina, which she has done for ten years now. Her husband is a farmer. Ekua uses her income to pay her children's school fees. Ekua will use the loan to purchase eggs, sugar, and flour for cooking her doughnuts. With the new profits, Ekua plans to support her children's education.
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.