Check out some available loans that are similar to this one!
Monica is married with 2 children. She sells African print cloth and fabrics at Elmina, which she has done for some years now. She uses her income to support her husband's efforts to feed, clothe, and pay their children’s school fees. Monica will use her loan to purchase more African print cloth and fabrics to sell. With the new profit, she will 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: ). 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
  • 47
    View loans »
    Ghana Loans Fundraising
  • $11,732,750
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Monica to purchase more African print cloth and fabrics to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Nov 15, 2012
Nov 21, 2012
Currency Exchange Loss:
Jun 17, 2013