Young Tourist Group
Status: Paying Back
| $1,600.00 | Loan Amount |
|---|
About the Group
| Group Name: | Young Tourist Group |
|---|---|
| Group Members: |
Amidu Kargbo Alie Kamara Mohamed Koroma Adamsay Sesay |
| Location: | Makeni, Sierra Leone |
| Activity: | Shoe Sales |
About the Loan
| Loan Amount: | $1,600.00 |
|---|---|
| Loan Use: | Invest in his business |
| Repayment Term: | 10 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jul 18, 2009 |
| Date Disbursed: | Jul 10, 2009 |
| Date Funded: | Jul 24, 2009 |
About the Field Partner
About the Field Partner
|
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| 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: | 3734 |
| Total Loans: | $1,072,225 |
| 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: | 3,295.0032 SLL = 1 USD |
Amidu Kargbo (middle) is the leader of this group. Amidu was born in Makeri, about twenty-two miles from Makeni City. He is thirty-seven years of age. Amidu is married to a business woman who sells slippers; they have three children. Two of their children are in primary schools and one is still young. Amidu sells slippers and has been in the business since 1994.
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 Young Tourist Group
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Loan has been disbursed
Location: Makeni, Sierra Leone
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Posted by
from Makeni, Sierra Leone
Jul 25, 2009 |
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Comment on this entry
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Repayment Schedule for Young Tourist Group
Repayment Schedule for Young Tourist Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2009 | $200.00 | $0.00 |  Repayment Received
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| November 2009 | $200.00 | $400.00 | Repayment Received
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| December 2009 | $200.00 | $200.00 | Repayment Received
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| January 2010 | $200.00 | Available Jan 1 | |||
| February 2010 | $200.00 | Available Feb 1 | |||
| March 2010 | $200.00 | Available Mar 1 | |||
| April 2010 | $200.00 | Available Apr 1 | |||
| May 2010 | $200.00 | Available May 1 | |||
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