Check out some available loans that are similar to this one!
Alice
Alice is the woman preparing fufu. She operates a chop bar where a variety of African dishes are sold. She has done this for 5 years. The foods she serves are fufu, banku and rice balls. She lives together with her husband and 6 dependents. Alice uses her income to support the husband to pay their children’s school fees. She will use her loan to purchase food items and other ingredients to prepare her food for sale. With the new profit, Alice plans to operate 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

  • $3,500
    Average annual income
  • 28
    View loans »
    Ghana Loans Fundraising
  • $11,565,250
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Alice purchase food items and other ingredients to prepare her food for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2012
Listed
Sep 19, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 24, 2013