Ekua sells vegetables like pepper and she is also food vendor. She cooks rice and beans stew for sale at Besease, near Elmina. Ekua is married and has 6 children. She has been in this business for 6 years. She uses her income to support her husband to feed their children. Ekua will use her loan to purchase vegetables like pepper, bags of rice and beans to prepare her food to sell. With the new profit, Ekua plans to build a better stall for the sale of her food.
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.