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Aba
Aba is divorced and has four children. Even though she did not receive any formal education, Aba is a successful businesswoman.

Aba operates a local chop bar in Asafora (near Cape Coast). She has been actively involved in this business for about 10 years. As the sole breadwinner in the family, Aba uses her income to provide for the entire family.

Aba will use the loan to purchase more ingredients for her tasty local dishes, helping her to improve her overall sales. With the new profits from her expanded business, Aba plans to further diversify the type of products that she sells, hence adapting to changing customer preferences.

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

  • $2,643
    Average annual income
  • 7
    View loans »
    Ghana Loans Fundraising
  • $10,839,425
    Funds lent in using Kiva
  • 2.0
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Aba to purchase ingredients for her tasty local dishes, helping her to improve her overall sales.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2013
Listed
Jun 10, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 19, 2013