Regina is a food vendor at Ve-Agbome, Hohoe. Regina has been to school but ended at the middle school level. She is married and has four children. Her husband is a farmer.
Regina has been cooking and selling in her locality for the past 11 years. Her loan will be used to buy foodstuffs, a carton of tinned tomatoes, a bag of rice and a gallon of oil. She hopes to use the new profits from her business to sew new school uniforms for her children and save the rest.
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.