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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
  • 22
    View loans »
    Ghana Loans Fundraising
  • $11,428,350
    Funds lent in using Kiva
  • 2.1
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Defaulted
A loan of $200 helped this borrower to buy flour to increase her quantity of bread.
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 18, 2013
Listed
Aug 23, 2013
Currency Exchange Loss:
Possible
Defaulted:
Apr 7, 2015