Vivian operates a local chop bar at Hohoe lorry station. She cooks and sells banku and fufu, local Ghanaian dishes. In Ghana, fufu is mostly made from boiled cassava and unripe plantain beaten together. Fufu (also known as foofoo or foufou) is a thick paste usually made by boiling starchy root vegetables in water and pounding with a mortar and pestle until the desired consistency is reached. The malleable dough is served and eaten with a light tomato soup, groundnut soup, palm oil fruit soup or other soups. Banku/Akple is fermented corn/cassava dough mixed proportionally and cooked in hot water into a smooth whitish consistent paste. Served with soup, stew or a pepper sauce with fish. The most popular side dish for banku in Ghana is okra stew.
Vivian is single but has 3 children. She has been in business for the past 9 years. She is responsible for the general upkeep of herself and three other dependents. Her loan will be used to buy bags of maize, palm fruits, cassava dough, bags of cassava, plantains, meat, and varieties of fish. She hopes to use the new profits from her business to save towards her old age.
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.