House Of Peace Group

Status: Paid Back

$600.00		Loan Request
$600.00		Paid Back

About the Group

Group Name:	House Of Peace Group
Group Members:	Alfred Kings Ellen Richards Oral Kings Dorris Neh Samuel Jackson
Location:	Monrovia North, Liberia
Activity:	Clothing Sales

About the Loan

Loan Amount:	$600.00
Loan Use:	To buy clothes for resale
Repayment Term:	6 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Possible
Date Listed:	Jul 4, 2009
Date Disbursed:	Jun 30, 2009
Date Funded:	Jul 6, 2009
Loan Ended:	Nov 15, 2009

About the Field Partner

Field Partner:

Local Enterprise Assistance Program (LEAP), a partner of World Hope International and World Relief

Field Partner Risk Rating:

(Learn more)

Pilot

4 months

1671

$146,550

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Liberia
Avg Annual Income:	$500.00
Currency:	Liberia Dollars (LRD)
Exchange Rate:	70.5002 LRD = 1 USD

Alfred is a 63 year old man who has been in business for over 30 years. He runs a clothing shop. He makes it successful by talking nicely to customers to encourage them. He also occasionally gives them discounts which makes them loyal to him.

Alfred hopes that he will be able generate enough profit from his business to be able build another house. He has nine children ranging in age from 27 to 18. Those who are still in school are in private schools.

About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

Lenders to this group

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Irvin
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Lorenz
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Marius
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Adam
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Anonymous
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David
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Laurence
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Alfred
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Stefan
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Nick
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affinity
ruggell, liechtenstein
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Tim
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Luke 6:35 Galatians 6:10
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Anonymous
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Journal entries for House Of Peace Group

Loan has been disbursed Entrepreneur: House Of Peace Group Location: Monrovia North, Liberia Thank you for your loan. It has been disbursed to House of Peace Group, consisting of Alfred Kings, Ellen Richards, Oral Kings, Dorris Neh, Samuel Jackson by Local Enterprise Assistance Program (LEAP), a partner of World Hope International in Liberia. We are excited to watch this business grow. Over the 3 months of this loan, Local Enterprise Assistance Program (LEAP), a partner of World Hope International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Monrovia North, Liberia Jul 7, 2009
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Repayment Schedule for House Of Peace Group

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	Expected Repayments	Actual Repayments	Comments
September 2009	$112.50	$112.50	Repayment Received
October 2009	$150.00	$150.00	Repayment Received
November 2009	$187.50	$187.50	Repayment Received
December 2009	$150.00	$150.00	Repayment Received