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Aba
Aba produces the traditional dish kenkey for sale. Kenkey is mashed, fermented corn dough that is a local treat in Ghana. Aba is the woman sitting behind the kenkey and her four assistants who help her in the kenkey production are covering the corn dough with banana leaves as a form of packaging. She is married to a farmer and has 4 children. She uses her income to support her husband in the general upkeep of the family. Aba needs this loan to purchase bags of maize in bulk for her kenkey production. With the new profit Aba will expand her business.

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
  • 7
    View loans »
    Ghana Loans Fundraising
  • $10,839,425
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Aba to purchase bags of maize in bulk for her kenkey production.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2013
Listed
Mar 4, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013