Ekua is married and has 2 children. For the past 4 years, she has operated a breakfast joint, selling oat porridge, bread, fried eggs and beverages in Wiomoa, near Abura. Her husband is a driver. Ekua uses her income to support him in paying their children's school fees. Ekua will use this loan to purchase crates of eggs, oat flour and other ingredients for her breakfast joint. Ekua plans to use the new profits to expand her business.
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.