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Rose
Rose is married and has 7 children. She has received schooling through a middle school level. Rose is a fish monger and also prepares and sells palm oil in Ve-gbodome, in the Hohoe community, which she has been doing for 10 years. Her husband is a mason. Rose uses her income for assisting her husband to cater to their children's general needs. Rose will use the loan to purchase palm fruits and also cartons of fish to expand her business. With the new profits from her expanded business, Rose plans to save so she can increase her working capital.

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
  • 18
    View loans »
    Ghana Loans Fundraising
  • $11,207,575
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Rose to purchase palm fruits and also cartons of fish.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2013
Listed
Mar 31, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 19, 2013