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Rejoice is married and has four children. She has received schooling but only to junior high school. Rejoice is a food vendor who cooks and sells waakye in Likpe Bakua, Hohoe Township, which she has done for one year now. Waakye is a very popular Ghanaian rice food. It is often eaten as breakfast, lunch or supper. To prepare waakye, she gets her beans, rice, and colored leaves from the market. She cooks the beans until they become tender. She adds the colored leaves to give them a reddish color. Then, she adds the rice to the bean mixture. She cooks the rice and beans until they become tender to eat. When it is tender and well cooked, waakye is served and is normally eaten with macaroni, wele (cow skin), gari, salad with pepper sauce, tomatoes sauce, fish, or meat. Her husband is a farmer. Rejoice uses her income to assist with the basic needs of the home. Rejoice will use the loan to purchase bags of beans, rice, tinned tomatoes, and a gallon of oil. With the new profits from her expanded business, Rejoice intends to save her profit to enable her to acquire a kiosk to sell indoors.

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
  • 40
    View loans »
    Ghana Loans Fundraising
  • $11,582,250
    Funds lent in using Kiva
  • 2.0
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Rejoice to purchase beans, rice, tinned tomatoes, and oil.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Apr 2, 2013
May 7, 2013
Currency Exchange Loss:
Aug 17, 2013