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Prosper
Prosper is married and has 3 children. Prosper sells male trousers and ladies tops along the streets of Likpe Bakua, Hohoe, which he has done for the past 4 years. His wife is a petty trader.

Prosper uses his income for the general upkeep of his family. Prosper will use the loan to purchase different types of trouser and introduce the sales of ladies trousers and male shirts. With the new profits from his expanded business, Prosper plans to save and reinvest into his clothing business.

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

  • $3,500
    Average annual income
  • 45
    View loans »
    Ghana Loans Fundraising
  • $11,470,775
    Funds lent in using Kiva
  • 2.0
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Prosper to purchase different types of trouser and introduce the sales of ladies trouser and male shirts.
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