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Alice
Alice G. is single and has no children. She has received schooling through junior high. Alice sells fish which she buys from the fishermen, bringing them home for processing and preservation, and then sending them to the market for sale. She also makes fabrics popularly known as "tie & dye" for sale at Bantama near Elmina, which she has done since 1999.



Alice uses her income for supporting herself. Alice will use the loan to increase her purchase of fresh fish for processing and sale. She will also invest in her fabric production business. With the new profits from her expanded business, Alice plans to reinvest back into the business to increase 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
  • 9
    View loans »
    Ghana Loans Fundraising
  • $10,839,425
    Funds lent in using Kiva
  • 1.3
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Alice to increase her purchase of fresh fish for processing and invest in her fabric production business.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 24, 2008
Listed
Jan 11, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009