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Kwame
Kwame owns and operates a provisions store in Aburansa near Elmina. Kwame has received a middle school education. He is married and has five children. His wife is a fish monger in their community.

Kwame has been selling provisions for the past 10 years. He is responsible for financially supporting his family and taking care of their general welfare. His loan will be used to buy an increased quantity and variety of provisions to sell. He hopes to use the new profits from his business to expand his provisions shop, and to save for his family's future.

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

  • $3,500
    Average annual income
  • 23
    View loans »
    Ghana Loans Fundraising
  • $11,440,650
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Kwame to buy an increased quantity and variety of provisions to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 6, 2013
Listed
Feb 22, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013