Christiana is married and has six children. She has received schooling through a middle school level. Christiana prepares and sells the rice and bean dish, gari, in Aburansa near Elmina. She also sells raw maize and yams in bulk in her community. She has been selling prepared and raw food for the past 20 years. Her husband is a tailor. Christiana uses her income to help support her family and pay their general expenses. Christiana will use the loan to purchase more beans, rice, red leaves, maize and yams for her prepared and raw food sales. With the new profits from her expanded business, Christiana plans to grow her food sales 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.