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Ekua Faustina
Ekua Faustina operates a retail business in Dompoase (near Cape Coast). Ekua Faustina is divorced with 6 children. As the sole breadwinner in her family, Ekua Faustina uses her income to provide for her entire family. Ekua Faustina will use the loan to purchase other provisions, thus aiding her in improving her overall sales. As a middle school graduate, Ekua Faustina understands the importance of education in improving social conditions, thus she plans to use the profits from her expanded enterprise to ensure that all her children remain in school.

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
  • 6
    View loans »
    Ghana Loans Fundraising
  • $10,838,400
    Funds lent in using Kiva
  • 2.0
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Ekua Faustina to purchase other provisions, thus aiding her in improving her overall sales.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 8, 2013
Listed
May 9, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013