Esi is married with five children. She received some schooling until the end of primary school. Esi currently sells cassavas, plantains and palm fruits in Wakrom (near Cape Coast), and she has been involved in this industry for about four years now. Her husband works in construction. Esi's income goes towards helping her husband pay for the family's general expenses.
Esi will use this loan to increase her existing stock of cassavas, plantains and palm fruits. With the new profits from her expanded enterprise, Esi plans to develop her business further by venturing into new markets.
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.