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Isaiah
Isaiah A. M. is married and has 2 children. He has received no formal education. Isaiah sells and repairs electrical gadgets at Aboom in Cape coast, which he has been doing since 2003. Isaiah uses his income to pay his children's school fees, the family's utility bills, and other expenses. Isaiah will use the loan to expand his business by purchasing additional electrical items for resale. He plans to invest the extra profit in his children's education.

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
  • 47
    View loans »
    Ghana Loans Fundraising
  • $11,467,375
    Funds lent in using Kiva
  • 1.3
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Isaiah purchase of electrical items for resale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2008
Listed
Jan 7, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009