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Felicia
Felicia A. is married and has 3 dependents. Since 1997, she has been selling used clothing in Abura. Felicia has completed her education through senior high school. Her husband is a mechanic. She is responsible for assisting her husband in meeting the family's financial needs. Her loan will be used to buy an increased amount and variety of used clothing to sell. She hopes to reinvest her profits into the business to improve her capital base.

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
  • 28
    View loans »
    Ghana Loans Fundraising
  • $11,008,675
    Funds lent in using Kiva
  • 1.2
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Felicia to buy an increased amount and variety of used clothing to sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 4, 2008
Listed
Dec 3, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009