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Victoria
Victoria A. sells fish that she buys from fishermen and then brings home for processing and preservation. She sends the fish to the market for sale at Boatase, near Elmina. Victoria has received no formal education. She is married and has three children. Her husband is a fisherman. Victoria has been selling fish since 1996. She is responsible for assisting her husband in meeting the family's financial needs. Her loan will be used to increase her capital to buy more fish in larger quantities for processing and sale. She hopes to use the new profits from her business to invest towards further educating their children.

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
  • $11,220,300
    Funds lent in using Kiva
  • 1.2
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Victoria to buy fish in larger quantities.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2008
Listed
Nov 29, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009