Although she has received no prior formal education, Abiba is an entrepreneur. She is married with three children and her husband is a farmer. Abiba prepares and sells "gari," a traditional Ghanaian snack made from starched powdered cassava. She can be found selling gari at Ekumfe-Twi, near Cape Coast. She also sells sugar. Abiba has been involved in her businesses for four years and uses the profit from her work to help her husband cover the family's general expenses and pay their children's school fees.
Abiba is requesting a loan to purchase increased amounts of cassava and sugar to enable her to improve her overall sales. With the profits from her expanded businesses, she plans to further diversify the type of products that she sells and adapt to changing customer preferences.
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.