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Mariya
Mariya produces and sells groundnut paste in the Hohoe main market. Mariya has never been to school. She is married and has three children with her husband, who is a butcher. Mariya has been producing and selling groundnut paste since 2007. She helps out with the basic needs of the family and also with the payment of her children’s school fees. Her loan will be used to buy more bags of groundnuts. She hopes to save and use the new profits from her business to 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
  • 17
    View loans »
    Ghana Loans Fundraising
  • $11,220,300
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $275 helped Mariya to buy more bags of groundnuts for making groundnut paste.
99% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 4, 2013
Listed
Apr 4, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2013