Check out some available loans that are similar to this one!
Theresa is divorced and has four children. She has received no formal education. Theresa sells various local foods at a chop bar stand; such favorites include banku, kenkey, and gari. Theresa’s chop bar is located in Kufur, near Elmina, and she has worked in this business for the past three years. Theresa uses her income to pay for the support of her children.

Theresa will use the loan to purchase more food supplies, for preparation and sale at her chop bar. With the new profits from her expanded business, Theresa plans to invest back into her business and further expand.

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: ). 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

  • $3,500
    Average annual income
  • 34
    View loans »
    Ghana Loans Fundraising
  • $11,967,750
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Theresa to purchase more food supplies, for preparation and sale at her chop bar.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Dec 21, 2012
Jan 9, 2013
Currency Exchange Loss:
Jun 17, 2013