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Lucy
Lucy prepares kenkey, a local Ghanaian dish, for sale in Soba, Hohoe. Kenkey is a traditional Ghanaian meal that is made with corn flour. It requires fermentation in order to create its unique flavor and is usually served with a soup, stew, or sauce. It is produced by cooking fermented dough of corn/maize wrapped in maize husks and steamed. Kenkey can be eaten with various kinds of sauces, such as pepper sauce. It is often served with meat or fish, such as fried or roasted fish, roasted chicken or roasted turkey.

Lucy has never been to school due to financial difficulties in her family growing up. She is married and has 5 children with her husband, who is a farmer. Lucy has been selling kenkey for the past 8 years now. She is responsible for the basic needs of the home. Her loan will be used to buy a bag of maize so she can cook and sell her kenkey recipe in large quantities. She hopes to use the new profits for her children’s upkeep and education.

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
  • 18
    View loans »
    Ghana Loans Fundraising
  • $11,207,575
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Lucy to buy a bag of maize so she can cook and sell her kenkey recipe in large quantities.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2013
Listed
Feb 22, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013