Vivian is a food vendor who sells a variety of food. She cooks rice, yam and vegetable stew, and she cooks banku and serves it with okro and fish stew. This she has done for 5 years. She is married and has 2 children. She lives together with her husband at Agona near Takoradi. Her husband is a driver. Vivian uses her income to assist her husband in paying their children’s school fees.
She will use her loan to purchase bags of rice, maize, fish and other ingredients for preparing her food to sell. She hopes to use the new profits from her business to create a place for her customers to eat.
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.