Ekua sells homemade liquid soap in Enyinase, near Elmina. Ekua has received no formal education. She is married and has five children. Her husband is a farmer. Ekua has been selling liquid soap for five years now. She is responsible for helping her husband cover their family's general expenses. Ekua will use this loan to purchase more supplies, such as palm oil, perfumes and lye, needed to make liquid soap for sale. With the new profits from her expanded business, Ekua plans to improve her soap selling enterprise.
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.