Christine is married and has 5 children. She has received schooling but only through the middle school level.
Christine is a food vendor at Soba, Hohoe, and has done this work since 2008. She also sells kenkey in Soba, Hohoe, which she has done for 3 years now. Kenkey is a traditional Ghanaian meal which is produced by cooking fermented corn dough wrapped in maize husk and steamed. Kenkey can be eaten hot or cold with various kinds of sauces such as pepper and tomato sauce. This traditional dish is often served either with meat or fish such as fried or roasted fish, roasted chicken, and roasted turkey.
Christine's husband is a farmer in their community. Christine uses her income to assist her husband with the general upkeep of their family. She will use the loan to purchase a large bag of maize, and use part for the preparation of her kenkey dish and another part will expand her food production into making corn porridge for breakfast, another local favorite in her community. Through this expansion of her food selling business Christine hopes to generate additional income to further expand her food businesses. In addition, with the new profits from her expanded business, Christine plans to save for her old age.
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.