Idrissa A. Mansaray's Group
Status: Paying Back
| $4,525.00 | Loan Amount |
|---|
About the Group
| Group Name: | Idrissa A. Mansaray's Group |
|---|---|
| Group Members: |
Idrissa A. Mansaray Mamodu Barrie Osman S. Conteh Agnes N. Fofanah Abdullah H. Jalloh Oyolah Kalokoh Mosses Kamara Alimany R. Kargbo Farah K. Kargbo Ramatu Baby Kargbo Zainab Kargbo Daniel P. Konteh Christopher M. Lissa Jatu Massaquoi Jeremiah L. Sesay Aiah J.K Pessima Brima Saio Sesay Fatmata Sesay |
| Location: | Makeni, Sierra Leone |
| Activity: | Personal Education Expenses |
About the Loan
| Loan Amount: | $4,525.00 |
|---|---|
| Loan Use: | To pay his children's college fees |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jul 15, 2009 |
| Date Disbursed: | Jul 8, 2009 |
| Date Funded: | Jul 15, 2009 |
About the Field Partner
About the Field Partner
|
|
| Field Partner: | Salone Microfinance Trust (SMT), a partner of ChildFund International |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 30 months |
| Kiva Entrepreneurs: | 3721 |
| Total Loans: | $1,070,525 |
| 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 |
|---|---|
| Avg Annual Income: | $903.00 |
| Currency: | Sierra Leone Leones (SLL) |
| Exchange Rate: | 3,279.0000 SLL = 1 USD |
Teachers are one of the poorest paid workers in Sierra Leone. Because of this, many of them find alternative means of making a living. Some engage in business or agriculture while others organize extra classes for pupils. These teachers are therefore seeking a loan in order to embark on meaningful projects. They will gradually repay the loan out of their monthly salaries.
Idrissa A. Mansaray is a senior teacher at the school. He is 50 years old and was born in Makeni city, in northern Sierra Leone. Mr. Mansaray has been a teacher for over 29 years now. He is married with four children, all of whom are at university. He will use this loan to pay the second semester college fees for two of his children in N’Jala University College.
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
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Journal entries for Idrissa A. Mansaray's Group
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Loan has been disbursed
Location: Makeni, Sierra Leone
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Posted by
from Makeni, Sierra Leone
Jul 16, 2009 |
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Comment on this entry
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Repayment Schedule for Idrissa A. Mansaray's Group
Repayment Schedule for Idrissa A. Mansaray's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2009 | $754.17 | $0.00 |  Repayment Received
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| November 2009 | $754.17 | $1,508.34 | Repayment Received
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| December 2009 | $754.17 | $754.17 | Repayment Received
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| January 2010 | $754.17 | Available Jan 1 | |||
| February 2010 | $754.17 | Available Feb 1 | |||
| March 2010 | $754.15 | Available Mar 1 | |||
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