Ekua is divorced and has seven children. Ekua sells smoke fish in and around the city of Elmina. She sells by moving from one market to another depending on the day of the week. She tries to go to all the big markets in the area to sell her fish and be the most successful. The income she makes from her sales is used to feed, clothe and educate her children.
She will use her loan to purchase fresh fish to smoke and sell. With the new profits from her expanded fish enterprise, Ekua will grow her business further.
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.