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Aba
Aba is divorced and has one child. She has received no formal education. Aba is a fishmonger who sells local, smoked, and fried fish in Kufur near Elmina. Aba has worked as a fishmonger for the past six years. Aba uses her income to support her family. Aba will use the loan to purchase more fish from local fishermen for preparation and sale. With the new profits from her expanded business, Aba plans to increase her capital base to buy greater quantities of fish to sell.

Additional Information

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.

About Ghana

  • $2,643
    Average annual income
  • 44
    View loans »
    Ghana Loans Fundraising
  • $11,104,750
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Aba to purchase more fish from local fishermen for preparation and sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2012
Listed
Jan 9, 2013
Currency Exchange Loss:
Possible
Ended:
May 18, 2013