Buator is a petty trader and a seamstress in Alavanyo, Hohoe. Buator has received education to the junior high level. She is married with two children. Her husband is a farmer by occupation. Buator has been a petty trader for the past eight years and decided to be a seamstress after she gave birth to her second child so she can earn more money. She assists her husband to cater for the home. Her loan will be used to acquire more sewing materials and goods for her petty trading business. She intends to save her profits to open a shop in the future.
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.