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Araba
Araba is married and has three children. She has received schooling through junior high school level. Araba sells vegetables in Enyinase near Elmina, which she has done for four years now. Her husband is a driver. Araba uses her income to support her husband in paying their children’s school fees.

Araba will use the loan to purchase a greater quantity of vegetables for sale in the market. With the new profits from her expanded business, Araba plans to grow her vegetable-selling business.

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
  • 19
    View loans »
    Ghana Loans Fundraising
  • $11,207,575
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Araba to purchase a greater quantity of vegetables for sale in the market.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 28, 2012
Listed
Jan 17, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013