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Aba
Aba sells kenkey (fermented maize dough) at Dompoase, near Elmina. She is a single parent, who has seven children. Aba has been selling kenkey for the past five years. As a single parent, she is responsible for the general up-keep of her children, and so she uses her income for that. Whatever she has left, she saves for the future or reinvests in the business. She will use her loan to buy maize, for the production of kenkey to sell. She hopes to use the new profits 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
  • 41
    View loans »
    Ghana Loans Fundraising
  • $11,093,250
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Aba to buy maize, for the production of kenkey to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2012
Listed
Dec 14, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013