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Mary
Mary operates a grocery shop at Kufur near Elmina. She has done this for some years now. The items in her grocery shop are eggs, different kinds of drinks, biscuits, toffees, canned fish and tomatoes. Mary is married and has 4 children. She uses her income to support her husband to pay their children’s school fees. She will use her loan to purchase a variety of grocery items to sell. With the new profit, Mary plans to 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
  • 39
    View loans »
    Ghana Loans Fundraising
  • $11,091,250
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD