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Maame
Maame lives with her husband, a farmer, and 5 children in Mbeam, near Abura. For the past 10 years, Maame has extracted palm oil for sale and has also sold kenkey (fermented corn dough wrapped in corn or banana leaves) and palm fruit. She uses her income to support her husband in paying their children's school fees. Maame will use her loan to purchase bags of maize for her kenkey and palm fruit for extracting oil for sale. Maame will expand her business with the new profit.

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
  • 5
    View loans »
    Ghana Loans Fundraising
  • $10,860,250
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Maame to purchase bags of maize for making kenkey and palm fruit for extracting oil for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 30, 2012
Listed
Dec 17, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 24, 2013