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Maame Araba
Maame Araba is single and has two children. After successfully graduating from lower-level school, Maame Araba is now an established businesswoman. She sells cassava, plantains and provisions in Wisdom Mpeasem (near Cape Coast). She has been actively involved in this business for about five years. As the sole breadwinner in the family Maame Araba uses her income to provide for the entire family.

Maame Araba will use the loan to purchase increased amounts of cassava, plantains and provisions, thus aiding her to improve her overall sales. With the new profits from her expanded business, Maame Araba plans to diversify the type of products that she sells, hence adapting to changing customers preferences.

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
  • 22
    View loans »
    Ghana Loans Fundraising
  • $11,565,250
    Funds lent in using Kiva
  • 2.0
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Maame Araba to purchase increased amounts of cassava, plantains and provisions.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 8, 2013
Listed
May 8, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013