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Adjao
Adjao sells 'banku', a local favorite food made of ground corn and cassava. Adjao sells banku in Bremawg near Abura, where she lives with her husband and four children. Her husband is a farmer.

Adjao has received no formal education. However, she has been preparing banku for sale for some time now. She is responsible for helping her husband with their family expenses. Her loan will be used to buy to by more corn and cassava to prepare banku for sale. She hopes to use the new profits from her business to improve and expand her banku-making trade.

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
  • 27
    View loans »
    Ghana Loans Fundraising
  • $11,131,775
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Adjao to buy more corn and cassava to prepare 'banku' for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2012
Listed
Jan 14, 2013
Currency Exchange Loss:
Possible
Ended:
May 18, 2013