Ekua is a single parent and has 7 children. Ekua is a fish monger and sells her fish in Asebu Brebia, which is near Cape Coast. Ekua also sells a variety of other foods as well including yams, limes, and cooked rice. Ekua has been selling food for about 15 years now. As a single parent, she uses her income to feed and clothe her children, as well as pay for their school fees. Ekua will use the loan to purchase fresh fish to fry and sell. She will also use part of her loan to purchase yams, bags of rice, and vegetables to prepare her food to sell. With the profit, she will expand her business.
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.