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Araba
Araba E. sells banku, okro stew, and yams. These are local dishes, which are very popular here in Ghana. She is married, but her husband's income from his job as a police officer is not sufficient enough for Araba and her child. Demand for her goods is high, and she is looking to expand her business to increase her profits.


She is asking for additional capital in order to expand her 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
  • 27
    View loans »
    Ghana Loans Fundraising
  • $11,131,775
    Funds lent in using Kiva
  • 1.0
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Araba additional capital to expand her business.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 17, 2008
Listed
Jul 1, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2009