Eunice M. sells groceries like Milo, milk and other things at Yamoransa Junction near Cape Coast. Eunice has received a junior high education. She is married and has 3 children and her husband is a commercial driver. Eunice has been selling groceries since 2004. She is responsible for paying the utility bills and the children's school fees. Her loan will be used to add clothing, fabric and footwear to the groceries she sells. She hopes to use the new profits from her business to help her husband build a family house.
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.