Nana specializes in making 'Ahe' (a traditional Ghanaian soft drink made primarily from maize). She is married and has 4 children. Her husband is a driver. The family lives in in Nyame Bekyer (near Cape Coast). Nana has been working as an 'Ahe' seller for close to six years. Her income helps her husband pay the utility bills and their children’s school fees. Nana plans to use her loan to purchase an increased quantity of maize, thus allowing her to meet her customers’ rising demands. She hopes to use the profits from her enterprise to fulfill her dream of buying a drink stand, which would allow her to sell from a fixed location in the future.
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.