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Mawuko
Mawuko is married with three children. He has received some schooling till the end of middle school. Currently, Mawuko rents out plastic chairs and canopies in Ve-Golokwati (near Hohoe). He has been involved in this industry for about eight years now. His wife is a petty trader. Mawuko’s income goes toward helping his wife pay for the family's general expenses.

Mawuko will use the loan to increase his existing plastic chair supply. With the new profits from his expanded enterprise, Mawuko plans to develop his business further by venturing into newer markets.

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
  • 25
    View loans »
    Ghana Loans Fundraising
  • $11,557,625
    Funds lent in using Kiva
  • 2.1
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Mawuko to increase his existing plastic chairs supply.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 25, 2013
Listed
Jul 29, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2013