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Araba
Although she has received no prior formal education, Araba is an entrepreneur. She specializes in selling porridge and charcoal in Asafa (near Cape Coast). She has been involved in this enterprise for 3 years. Araba is married and has 5 children. Her husband is a farmer. The proceeds from her business normally go towards helping her husband cover the family’s general expenses and pay their children’s school fees.

Araba wants to use her loan to increase her current inventory levels, hence allowing her to sell greater quantities of porridge and charcoal. In the long term, she plans to reinvest future profits into her business, thus helping her expand and meet the needs of rising customer demands.

About Ghana

  • $3,500
    Average annual income
  • 29
    View loans »
    Ghana Loans Fundraising
  • $12,522,425
    Funds lent in using Kiva
  • 2.2
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Araba to increase her current inventory levels, hence allowing her to sell greater quantities of charcoal and porridge.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 19, 2013
Listed
Sep 23, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013