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Aba
Aba is a small scale fish monger in Akatakyiwa (near Cape Coast). She purchases her fish from a nearby fishing village and smokes it for resale. Aba has has not had any form of formal education. She is married and has 7 children. Her husband is a carpenter. Aba has been selling smoked fish for 22 years. Her income is used to help her husband pay the utility bills and their children’s school fees. She plans to use her loan to purchase an increased quantity of fish to smoke, thus allowing her to meet rising customers’ demands. She hopes to use the profits from her enterprise to fulfill her dream of setting up a smoked fish stand, so that she can sell from a fixed location in the future.

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
  • 14
    View loans »
    Ghana Loans Fundraising
  • $11,222,000
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Aba to purchase an increased quantity of fish to smoke, thus allowing her to meet customers’ demands.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2013
Listed
Mar 31, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013