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Bukari
Although he has received no prior formal education, Bukari is an entrepreneur. He specializes in selling maize in Aburansa (near Cape Coast). He has been involved in this enterprise for 4 years. Bukari is married and has 3 children. His wife works as a seamstress. The proceeds from his business normally go towards helping his wife cover the family’s general expenses and to pay their children’s school fees.

Bukari will use the loan to purchase increased amounts of maize, thus helping him to improve his overall sales. With the new profits from his expanded business, he plans to further diversify the type of products that he 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
  • 27
    View loans »
    Ghana Loans Fundraising
  • $11,122,525
    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 Bukari to purchase increased amounts of maize.
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