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Comfort
Comfort A. is married and has four dependents. She has received no formal education. Comfort sells coal pots which are used as a stove for cooking. She also sells aluminum pots and cake baking containers at Abura market, which she has done since 1990. Her husband is a security man. Comfort uses her income to pay for her childrens' school fees, utility bills and other expenses. Comfort will use the loan to purchase more coal pots and other aluminum containers for resale to meet its high demand in the market. With the new profits from her expanded business, Comfort plans to reinvest to further expand the business.

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

  • $3,500
    Average annual income
  • 39
    View loans »
    Ghana Loans Fundraising
  • $11,582,250
    Funds lent in using Kiva
  • 1.2
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Comfort comfort will use the loan to purchase more coal pots and other aluminum containers for resale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 24, 2008
Listed
Nov 23, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009