Saa Gbein Group


Status: Paying Back

$300.00   Loan Amount
75% repaid

About the Group

Group Name: Saa Gbein Group
Group Members: Kumba Tamba
Kumba Mambu
Bendu Saah Poe
Mamie Harlie
Augustine Tengbeh
Location: Lofa Co. Northern Liberia, Liberia
Activity: Food Market

About the Loan

Loan Amount: $300.00
Loan Use: To buy food staples for resale
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 10, 2009
Date Disbursed: Jul 27, 2009
Date Funded:Aug 10, 2009

About the Country

Country:Liberia
Avg Annual Income:$500.00
Currency:Liberia Dollars (LRD)
Exchange Rate:72.5000 LRD = 1 USD



Kumba has 3 children, all in 10th grade. Kumba sells food from her little market from whence she has been able to support all of her children. She has been able to keep them in school up to this level, and plans to continue until they have all finished. She herself has never been to school.

She wants to expand her business to provide for her children's education and medical care. She encourages her customers by means of good conversation and has been doing so for the past 15 years.



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 Saa Gbein Group


Loan has been disbursed
 
Entrepreneur: Saa Gbein Group
Location: Lofa Co. Northern Liberia, Liberia

Thank you for your loan. It has been disbursed to Saa Gbein Group, consisting of Kumba Tamba, Kumba Mambu, Bendu Saah Poe, Mamie Harlie, Augustine Tengbeh by Local Enterprise Assistance Program (LEAP), a partner of World Hope International and World Relief 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 and World Relief will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Lofa Co. Northern Liberia, Liberia
Aug 11, 2009
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Kiva Help Repayment Schedule for Saa Gbein Group

  Expected Repayments Actual Repayments Comments
October 2009 $75.00 $75.00 Repayment Received
November 2009 $75.00 $75.00 Repayment Received
December 2009 $75.00 $75.00 Repayment Received
January 2010 $75.00 Available Jan 1