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Although Ama grew up in poverty without an education, it has not stopped her from fulfilling her dream of achieving a better life for her and her family. Ama is an entrepreneur who operates a chop bar (where a variety of African dishes are sold) in Whindo, near Takoradi. Her business has grown substantially since she began it eight years ago, and she uses her income to help her husband raise their seven children.

Ama has identified growing demand among consumers for her product but is unable to meet their needs due to limited inventory capacity. She has therefore requested this loan to purchase more foodstuffs and other ingredients to prepare more of her dishes to sell. With the new profits from her expanded enterprise, Ama wants to ensure that all of her children will be given the opportunity to further distance themselves and their family from poverty.

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
  • 25
    View loans »
    Ghana Loans Fundraising
  • $11,557,625
    Funds lent in using Kiva
  • 2.0
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $425 helped Ama to purchase more foodstuffs and other ingredients to prepare more dishes to sell.
99% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Mar 27, 2013
Apr 27, 2013
Currency Exchange Loss:
Nov 19, 2013