Bai Turay


Status: Paying Back

$975.00   Loan Amount
50% repaid

About the Entrepreneur

Name: Bai Turay
Location: Waterloo, Sierra Leone
Activity: Hardware

About the Loan

Loan Amount: $975.00
Loan Use: Invest in his business
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 30, 2009
Date Disbursed: May 5, 2009
Date Funded:May 1, 2009

About the Country

Country:Sierra Leone
Avg Annual Income:$903.00
Currency:Sierra Leone Leones (SLL)
Exchange Rate:3,130.0000 SLL = 1 USD



This is Bai Turay, a local entrepreneur in Waterloo, twenty miles from Freetown, Sierra Leone’s capital city. Bai sells house-building materials, chairs, and mats. He wants a loan in order to strengthen his business. With a loan, he will be able to buy bags of cement which are currently lacking in his shop.



Bai is thirty-two years of age, married to a businesswoman, and the two of them have four children together, all of whom are still in primary school. Bai was born in Makeni City and has been a businessman for four years now.



This will be the first loan Bai is accessing from Kiva through SMT. He chose to access a loan from Kiva in order to strengthen his business. From this business, Bai feeds his family, sends his children to school, and pays medical bills for members of his family.


Subscribe

Lenders to this entrepreneur

NEOVIA Financial
Douglas, Isle of Man
United Kingdom

LQS Eddie Gough Fund
St Brelade, Jersey CI
United Kingdom

Katherine
Northwoods, IL
United States

Laurent D
Brussels,
Belgium

John
Van Nuys, CA
United States

Anonymous
Los Gatos, CA
United States

Bob Harris
Los Angeles, CA
United States

Tom

Scott
Bedford, MA
United States

Charles
Champaign, IL
United States

Shari
Manuel Antonio
Costa Rica

Vanessa
Brooklyn, NY
United States

Richard
Toronto, Ontario
Canada

Ben
Ann Arbor, MI
United States

Carrie Day
Louisville, KY
United States

Anonymous
Houston, TX
United States

David Wilusz
White Plains, NY
United States

Jeanine
Auli,
Norway

Mopsy & Jerrold, Memphis
Memphis, TN
United States

Justo
Columbia, MO
United States

Patti and Hugh
Lahaina, HI
United States

Robert
Philadelphia, PA
United States

Grady
Pawleys Island, SC
United States

Anonymous

Ignasi
Terrassa, Barcelona
Spain

Ash
Auckland,
New Zealand

Russell
Royal Oak, Michigan
United States

Claude
Owings Mills, MD
United States

Simon
Oxford, Oxfordshire
United Kingdom



Top Lending Teams for this entrepreneur


Sony
Businesses
7 Members

Freemasons
Clubs
67 Members

Team Europe
Local Area
1244 Members

Journal entries for Bai Turay


Loan has been disbursed
 
Entrepreneur: Bai Turay
Location: Waterloo, Sierra Leone

Thank you for your loan. It has been disbursed to Bai Turay by Salone Microfinance Trust (SMT), a partner of Christian Children's Fund in Sierra Leone. We are excited to watch this business grow. Over the 10 months of this loan, Salone Microfinance Trust (SMT), a partner of Christian Children's Fund will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Waterloo, Sierra Leone
May 5, 2009
Comment on this entry

Kiva Help Repayment Schedule for Bai Turay

  Expected Repayments Actual Repayments Comments
August 2009 $97.50 $121.88 Repayment Received
September 2009 $97.50 $170.63 Repayment Received
October 2009 $97.50 $0.00 Repayment Received
November 2009 $97.50 $97.49 Repayment Received
December 2009 $97.50 $97.50 Repayment Received
January 2010 $97.50 Available Jan 1  
February 2010 $97.50 Available Feb 1  
March 2010 $97.50 Available Mar 1  
April 2010 $97.50 Available Apr 1  
May 2010 $97.50 Available May 1