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Veronica
Veronica is married and has 2 children. She has received schooling up to junior high school. Veronica sells provisions at Soba, Hohoe, which she has done for the past three years now. Her husband is a kente weaver (Kente is a traditional, brightly colored Ghanaian textile).

Veronica uses her income for the general upkeep of herself and her family. She will use the loan to introduce the sale of bananas and other items into her provision business. Veronica plans to save the new profits from her expanded business and expand her shop.

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
  • 20
    View loans »
    Ghana Loans Fundraising
  • $11,220,300
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Veronica to introduce the sale of bananas and other items into her provision business.
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