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Abena
Abena sells corn and cassava dough, 'banku', in Ebubonko near Abura. Abena has received a middle school education. She is married and has four children. Her husband is a mason. Abena has been selling banku for 10 years. She is responsible for helping her husband pay their children's school fees. Her loan will be used to buy a greater quantity of corn and cassava to make her banku recipe. She hopes to use the new profits from her business to expand her banku-making enterprise.

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
  • 24
    View loans »
    Ghana Loans Fundraising
  • $11,145,750
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $375 helped Abena to buy a greater quantity of corn and cassava to make her 'banku' recipe.
99% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 1, 2013
Listed
Feb 16, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013