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Korkor is divorced and has 6 children. She is now an established businesswoman, who operates a chop bar (a place where a variety of African dishes are sold) in Mpohor (near Takoradi). She has been actively involved in this business for about 6 years. As the sole breadwinner in the family, Korkor uses her income to provide for the entire family. She will use the loan to purchase ingredients needed to prepare her food, thus aiding her in improving her overall sales. With the new profits from her expanded business, Korkor plans to diversify the types of products that she sells, thereby adapting to changing customer preferences.

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: ). 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

  • $3,500
    Average annual income
  • 36
    View loans »
    Ghana Loans Fundraising
  • $11,958,450
    Funds lent in using Kiva
  • 1.9
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Korkor to purchase ingredients needed to prepare her food.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Mar 21, 2013
Apr 23, 2013
Currency Exchange Loss:
Oct 19, 2013