Check out some available loans that are similar to this one!
Alimatu
Alimatu is a food vendor located in Likpe Bakua, Hohoe main station. Alimatu has never received any formal education because her parents didn’t have any hope of educating her. She is married and has 5 children. Her husband is into farming. Alimatu has been cooking and selling banku for 4years now. Banku/Akple: Fermented corn/cassava dough mixed proportionally and cooked in hot water into a smooth whitish consistent paste. It is served with soup, stew or a pepper sauce with fish.

To prepare banku, she first prepares corn dough (maize that has been milled and left for a day) and cassava dough. She mixes the cassava and corn dough and cooks them into a porridge-like consistency form. To get the right consistency, she has to stir the mixture on a hot firewood stove. The texture of banku has to be fine, but firm.

The accompanying dish can either be any kind of soup or sauce such as palm nut soup, groundnut soup or peanut soup, okra soup, or hot pepper sauce with fish of any kind. The most popular side dish for banku is okra stew.

She has been assisting the husband to feed the family. Her loan will be used to buy bags of cassava dough, bags of maize, tomatoes. She hopes to use the new profits from her business to save and increase her working capital.

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: 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.

About Ghana

  • $2,643
    Average annual income
  • 22
    View loans »
    Ghana Loans Fundraising
  • $11,145,750
    Funds lent in using Kiva
  • 2.0
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Alimatu to buy bags of cassava dough, bags of maize, tomatoes.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 3, 2013
Listed
May 7, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013