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Vivian
Vivian is single and has 2 children. After successfully graduating from junior high school, Vivian is now an established hair dresser. She operates this beauty salon in Ebubonku, a sub-town in Abura (near Cape Coast). She has been actively involved in this business for about eight years. As the sole breadwinner in the family, Vivian uses her income to provide for the entire family. Vivian will use the loan to purchase increased amounts of hair dryers, hair extensions, and hair cream, thus aiding her to improve her overall sales. With the new profits from her expanded business, Vivian plans to diversify the type of products that she 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
  • 23
    View loans »
    Ghana Loans Fundraising
  • $11,145,750
    Funds lent in using Kiva
  • 2.1
    Ghana Cedis (GHS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $575 helped Vivian to purchase increased amounts of hair dryers, hair extensions, and hair cream, thus aiding her to improve her overall sales.
99% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 2, 2013
Listed
Sep 19, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 20, 2014