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Aba
Aba is an entrepreneur although she has received no prior formal education. For the past six years, she has worked selling groceries and soft drinks in Esiam, near Cape Coast. Aba is married with three children and her husband is a farmer. The proceeds from her business normally go toward helping her husband cover the family’s general expenses and to pay their children’s school fees.

Aba is requesting a loan to increase her inventory, thus aiding her to improve her overall sales. With the profit from her loan, she plans to further diversify the type of products that she sells, hence adapting to changing customer preference.

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
  • 28
    View loans »
    Ghana Loans Fundraising
  • $11,565,250
    Funds lent in using Kiva
  • 2.0
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Aba to increase her inventory and improve her sales.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2013
Listed
Jun 2, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 20, 2013