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Alice A. sells food items like gari, cassava, and plantains at Duakor, which is a small town near Elmina. Alice has received no formal education. She is married and has 4 children. Her husband is a teacher. Alice has been selling food items since 1999. She is responsible for helping in the payment of the children's school fees and other utility bills. Her loan will be used to buy more food items for sale. She hopes to use the new profits from her business to add to her capital to increase sales, which will as a result in her meeting the financial needs of the family.

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: ). 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
  • 6
    View loans »
    Ghana Loans Fundraising
  • $10,839,425
    Funds lent in using Kiva
  • 1.1
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Alice her loan will be used to buy more food items to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Sep 30, 2008
Sep 16, 2008
Currency Exchange Loss:
Jul 15, 2009