Ekua cooks banku for sale in Nkramofokrom, near Elmina. She serves it with okro soup, fried fish, pepper and tomato sauce. She is a married, with three children. Ekua has been in this business for eight years now. She uses her income to support her husband in the general upkeep of their family.
Ekua's loan will be used to purchase bags of maize, fish and other ingredients that she uses in preparing her banku for sale. She hopes to use the new profits from her business to build a better stall in which to sell her cooked banku and soup.
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.