Anastacia is married and has two children. For the past five years, she has sold utensils at Ve-Agbome, Hohoe. Anastacia received schooling through junior high school. Her husband is a carpenter and Anastacia is responsible for providing food for her family and helping to buy books for her children's education.
Anastacia is requesting a loan to purchase different sizes and types of utensils. With the profits from her loan, Anastacia plans to save to increase her working capital and promote her business.
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.