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Maxwell
Maxwell H. sells groceries such as sugar, rice, biscuits, soap and others at Braman in Cape Coast. Maxwell has received Senior High level education. He is divorced and has 1 child.



Maxwell has been selling groceries since 1998. He is responsible for paying his child's school fees and utility bills. His loan will be used to increase his capital to buy more groceries for sale to meet the needs of his ever-increasing customers. He hopes to use the new profits from his business to reinvest into the business to increase sales which will eventually increase his income.

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
  • 19
    View loans »
    Ghana Loans Fundraising
  • $11,207,575
    Funds lent in using Kiva
  • 1.2
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Maxwell to increase his capital to buy more groceries for sale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 10, 2008
Listed
Sep 26, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009