Vivian is married and has four children. She has received schooling through the middle school level. Vivian produces and sells cassava dough and prepares gari at Wegbe, Hohoe, which she has done for eight years. After harvesting mature cassava roots, the roots are peeled and washed and then sent to the mill to be milled into dough or grated. Then she puts the dough in a sack and places heavy stones on it to press it and let the starch drain out of the dough for two or three days.
Her husband is a farmer. Vivian uses her income to help her husband with feeding the family. Vivian will use the loan to buy acres of cassava and pay laborers to assist in harvesting (which involves pulling the roots out of the ground by hand). With the new profits from her expanded business, Vivian plans to save to help her increase her working capital.
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.