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Though he has received no formal education, Kofi is an entrepreneur. He specializes in selling pineapples in Edukuma (near Cape Coast). He has been involved in this enterprise for a number of years.

Kofi is married and has 9 children. His wife works as a farmer. The proceeds from his business help cover the family’s general expenses and pay their children’s school fees. Kofi wants to use his loan to purchase more pineapples to sell, increasing his current inventory levels and allowing him to sell greater quantities of pineapples.

In the long term, Kofi plans to reinvest future profits into his business, thus helping him expand and meet the needs of rising customer demands.

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
  • 36
    View loans »
    Ghana Loans Fundraising
  • $11,958,350
    Funds lent in using Kiva
  • 2.0
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Kofi to purchase more pineapples to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
May 3, 2013
May 19, 2013
Currency Exchange Loss:
Oct 19, 2013