Justine is married and has 4 children. She has received schooling through middle school level. Justine sells foodstuffs and smoked fish in Akpafu, Hohoe, which she has done since 2009. Her husband is a farmer. Justine uses her income to assist her husband in paying their children's school fees and buying their books.
Justine will use this loan to purchase a variety of foodstuffs from the farmers to sell at the big towns, as well as assorted fish to sell in her community. With the new profits from her expanded business, Justine plans to save for her children's education.
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.