Tawia sells food stuffs at Santrokofi, Hohoe, in Ghana. She was able to complete her education to junior high school and is a widow with one child. Tawia has been selling food stuffs since 2000 and she also introduced the selling of cloth to her business after she lost her husband. She is responsible for paying the school fees for her only daughter and catering for her elder sisters, who are old and not working. Her loan will be used to buy a variety of food stuffs for resale. She hopes to save her new profits to create a bright future for her family.
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.