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Yaa
Yaa is married and has four children. She has received no formal education. Yaa sells cooked rice in Bremawg near Abura, which she has done for several years now. Her husband is a farmer. Yaa uses her income to pay for her children’s school fees and support her husband with the family’s expenses. Yaa will use the loan to purchase greater quantities of rice to prepare for sale. With the new profits from her expanded business, Yaa plans to invest more money in her rice making business and be able to save a little more money for the family’s future.

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
  • 28
    View loans »
    Ghana Loans Fundraising
  • $11,320,675
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Yaa to purchase greater quantities of rice to prepare 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