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Esi
Due to difficult circumstances, Esi did not have access to any form of formal education, yet this has not stopped her from achieving her dream of becoming an entrepreneur. Even at 60 years of age, Esi still prepares and sells kenkey, which is a traditional Ghanaian dish made from corn dough and wrapped in banana leaves. She operates her business in Emissa Kro, near Cape Coast, and has been doing so for about two years. As a single woman, Esi uses all her income to support herself.

Esi will use the loan to purchase an increased quantity of maize, which will help her to produce more of her tasty kenkey.

Esi intends to use the expected profits from her expanded business to develop her kenkey enterprise further and be able to save for a rainy day.

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
  • $10,847,300
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Esi to purchase an increased quantity of maize so that she can prepare and sell more of her tasty kenkey.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2013
Listed
Apr 4, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013