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Kwadwo
After graduating junior high school, Kwadwo decided to set up his own coconut business in Aburansa (near Cape Coast). With over 10 years of experience, he is currently looking to expand his enterprise further. Unfortunately, he is limited due to a lack of funding.

As a result, this loan will be used to help him purchase more coconuts for resale. He aims at using the profits from his business to help support his wife (who is a petty trader) with the upkeep of their house, while also ensuring that their 8 children are able to experience a better life.

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
  • 19
    View loans »
    Ghana Loans Fundraising
  • $11,220,300
    Funds lent in using Kiva
  • 2.0
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $500 helped Kwadwo to help him purchase more coconuts for resale.
99% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 19, 2013
Listed
Jul 15, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013