Asi is married and has four children. Her husband is a farmer.
Asi sells kenkey (akin to a sourdough dumpling) at Mbeam near Abura, which she has done for six years. Asi uses her income to care for her children and pay other household expenses.
Asi will use the loan to purchase ingredients for her kenkey in bulk. With the new profits from her expanded business, Asi plans to continue to expand her business and care for her family.
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.