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Veronica
For the past 15 years, Veronica has operated a business selling gari (cassava flakes) in Bataya, near Cape Coast. She is married to a farmer and has 8 children. Veronica uses her income to support her husband with their family's general upkeep. She will use her loan to purchase bags of gari to sell. Veronica will use the new profit 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
  • 34
    View loans »
    Ghana Loans Fundraising
  • $11,339,725
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Veronica to purchase bags of gari (cassava flakes) to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 21, 2012
Listed
Sep 17, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013