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Nakoja
Nakoja N. is married and has two children. She has received schooling through to junior high education. Nakoja sells yams at Atobiase near Elmina, which she has done since 2005. Her husband is a commercial driver. Nakoja uses her income to pay for utility bills and other expenses. Nakoja will use the loan to increase the quantity of yams she sells to meet the increase in demand. With the new profits from her expanded business, Nakoja plans to increase her capital base to enable her to increase the quantity of yams she trades in.

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
  • $11,122,525
    Funds lent in using Kiva
  • 1.2
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Nakoja to increase the quantity of yams she sells to meet the increase in demand.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 14, 2008
Listed
Oct 31, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009