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Alberta B.
Alberta B. S. is married and has 3 children. She has received schooling through Junior High Level. Alberta B. sells bags of rice, sugar, and also owns a grocery store at Chapel Square in Elmina, which she has done since 2001.



Alberta B. uses her income to help her husband in the payment of the children's school fees and utility bills. Alberta B. will use the loan to purchase more bags of rice, sugar, and groceries for re-sale. With the new profits from her expanded business, Alberta B. plans to help her husband to start putting up a house for 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: 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
  • 29
    View loans »
    Ghana Loans Fundraising
  • $11,338,825
    Funds lent in using Kiva
  • 1.2
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Alberta B. to purchase more bags of rice, sugar, and groceries for re-sale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 11, 2008
Listed
Sep 27, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009