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Sarah
After graduating junior high school, Sarah decided to set up her own pastries business in Whindo. With over a years’ worth of experience, she is currently looking to expand her enterprise further. Unfortunately, she is limited due to a lack of funding. As a result, this loan will be used to help her purchase more flour to make pastries to sell. She aims to use the profits from her business to help support her husband, who is a small scale miner, with the upkeep of their house whilst ensuring that their 2 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
  • 30
    View loans »
    Ghana Loans Fundraising
  • $11,338,825
    Funds lent in using Kiva
  • 2.1
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $250 helped Sarah to purchase more flour to make pastries to sell.
98% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 23, 2013
Listed
Aug 18, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 20, 2014