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Nyame
Nyame is a small-scale farmer and seller of coconuts in Domenase (near Cape Coast). He has had some formal education and is a junior high school graduate. He is married and has five children. His wife is a trader. Nyame has been working as a farmer for close to 15 years. His income is used to help his wife pay the utility bills and their children’s school fees. He plans on using his loan to expand his business, thus allowing him to meet rising customer demand, and he plans to use the profits to ensure that all his children receive an education.

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
  • 27
    View loans »
    Ghana Loans Fundraising
  • $11,546,275
    Funds lent in using Kiva
  • 2.0
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Nyame to expand his coconut business, thus allowing him to meet rising customer demand.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2013
Listed
May 21, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013