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Mena
Mena is married and has three children. She has received no formal education. Mena sells kokonty (a traditional Ghanaian dish made up of dried cassava chips) in Akonoma near Cape Coast. She has been selling kokonty for a little over two years. Her husband is a mason. Mena uses her income to help pay some of her family's expenses and save for her children's future. Mena will use the loan to purchase more kokonty to sell in the market. With the new profits from her expanded business, Mena plans to develop her kokonty business further.

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
  • 25
    View loans »
    Ghana Loans Fundraising
  • $11,122,525
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Mena to purchase more kokonty to sell in the market.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2013
Listed
Mar 16, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013