Mansaray Group
Status: Paying Back
| $325.00 | Loan Amount |
|---|
About the Group
| Group Name: | Mansaray Group |
|---|---|
| Group Members: |
Aminata Mansaray Unisa Kargbo |
| Location: | Makeni, Sierra Leone |
| Activity: | Food Market |
About the Loan
| Loan Amount: | $325.00 |
|---|---|
| Loan Use: | To invest in food business |
| Repayment Term: | 10 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jul 23, 2009 |
| Date Disbursed: | Jul 21, 2009 |
| Date Funded: | Jul 23, 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: | 3,285.0000 SLL = 1 USD |
This group is called Mansaray Group, named after the group leader. The members are small-scale businesspeople based in Makeni city. Business has been growing at a very slow pace for these entrepreneurs due to lack of sufficient capital. Therefore, they came to SMT/Kiva seeking a loan of Le 500,000 each to help them expand their business.
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 Mansaray Group
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Loan has been disbursed
Location: Makeni, Sierra Leone
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Posted by
from Makeni, Sierra Leone
Jul 24, 2009 |
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Comment on this entry
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Repayment Schedule for Mansaray Group
Repayment Schedule for Mansaray Group
| Expected Repayments | Actual Repayments | Comments | |||
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| October 2009 | $40.63 | $0.00 |  Repayment Received
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| November 2009 | $40.62 | $81.25 | Repayment Received
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| December 2009 | $40.63 | $40.63 | Repayment Received
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| January 2010 | $40.62 | Available Jan 1 | |||
| February 2010 | $40.63 | Available Feb 1 | |||
| March 2010 | $40.62 | Available Mar 1 | |||
| April 2010 | $40.63 | Available Apr 1 | |||
| May 2010 | $40.62 | Available May 1 | |||
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