Amidu Conteh
Status: Paying Back
| $1,125.00 | Loan Amount |
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40% repaid
About the Entrepreneur
| Name: | Amidu Conteh |
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| Location: | Magburaka, Tonkolili, Sierra Leone |
| Activity: | Clothing Sales |
About the Loan
| Loan Amount: | $1,125.00 |
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| Loan Use: | To invest in clothing business |
| Repayment Term: | 12 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 17, 2009 |
| Date Disbursed: | Jun 11, 2009 |
| Date Funded: | Jun 20, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Salone Microfinance Trust (SMT), a partner of ChildFund International |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 30 months |
| Kiva Entrepreneurs: | 3763 |
| Total Loans: | $1,076,900 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Sierra Leone |
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| Avg Annual Income: | $903.00 |
| Currency: | Sierra Leone Leones (SLL) |
| Exchange Rate: | 3,155.0000 SLL = 1 USD |
This is Amidu Conteh. Amidu is a local entrepreneur in Magburaka town who sells ready-to-wear-clothes, traveling bags, cottons, bed sheets, etc., right in the center of town. Amidu is among the earliest beneficiaries of the SMT/Kiva loans in Magburaka. With SMT/Kiva loans, his business has been growing steadily. Having made his last payment as a solidarity group member, Amidu now qualifies for an individual loan. He is applying for a loan of Le 3,500,000 to help him further develop his business.
Amidu is 50 years of age, married with five children all of whom are still in secondary school. He was born in the village of Kafe Semira, about 40 miles from Magburaka. Amidu has been a businessman for over 20 years now. With this loan, he is expecting to make enough profit to feed his family.
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Journal entries for Amidu Conteh
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Loan has been disbursed
Location: Magburaka, Tonkolili, Sierra Leone
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Posted by
from Magburaka, Tonkolili, Sierra Leone
Jun 21, 2009 |
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Comment on this entry
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Repayment Schedule for Amidu Conteh
Repayment Schedule for Amidu Conteh
| Expected Repayments | Actual Repayments | Comments | |||
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| September 2009 | $112.50 | $112.50 |  Repayment Received
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| October 2009 | $112.50 | $112.50 | Repayment Received
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| November 2009 | $112.50 | $112.50 | Repayment Received
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| December 2009 | $112.50 | $112.50 | Repayment Received
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| January 2010 | $112.50 | Available Jan 1 | |||
| February 2010 | $112.50 | Available Feb 1 | |||
| March 2010 | $112.50 | Available Mar 1 | |||
| April 2010 | $112.50 | Available Apr 1 | |||
| May 2010 | $112.50 | Available May 1 | |||
| June 2010 | $112.50 | Available Jun 1 | |||
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