Check out some available loans that are similar to this one!
Benjamin
Although he has received no prior formal education, Benjamin is an entrepreneur. He specializes in plantain farming and the selling of gari in Asafa (near Cape Coast). He has been involved in this enterprise for four years. Benjamin is married and has five children. His wife is unemployed. The proceeds from his business normally go towards helping his wife cover the family’s general expenses and pay their children’s school fees. Benjamin wants to use his loan to increase his current inventory levels, hence allowing him to sell greater quantities of gari and also buy farm inputs to enhance his farming activities. In the long term, Benjamin plans to reinvest future profits into his business, thus helping him expand and meet the needs of rising customer demands.

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
  • 37
    View loans »
    Ghana Loans Fundraising
  • $11,603,250
    Funds lent in using Kiva
  • 2.2
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Benjamin to increase inventory and to buy farm inputs to enhance his farming activities.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 19, 2013
Listed
Sep 23, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013