Abdul Karim Koroma


Status: Paid Back

$175.00   Loan Request
$175.00   Paid Back

About the Entrepreneur

Name: Abdul Karim Koroma
Location: Magburaka, Tonkolili, Sierra Leone
Activity: General Store

About the Loan

Loan Amount: $175.00
Loan Use: Increase inventory in small general store
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jun 26, 2007
Date Disbursed: Jul 10, 2007
Date Funded:Jun 26, 2007
Loan Ended:Mar 11, 2008

About the Country

Country:Sierra Leone
Avg Annual Income:$903.00
Currency:United States Dollars (USD)



Abdul Karim is fifty years old and married with four children. Since getting a salaried job is difficult in the post civil war country Sierra Leone, Abdul decided to run his own small business to generate income for the family. He owns a small general shop in the town of Mogburaka in Sierra Leone. With his first loan with SMT, he was able to expand his business. He is dedicated to expanding his business further and provide for his children needs.

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Lenders to this entrepreneur

Anonymous
Upper Darby, PA
United States

InsureMe
Englewood, CO
United States

David
San Ramon, CA
United States

Brandon
Spokane, WA
United States

Brian
Burlington, Ontario
Canada



Journal entries for Abdul Karim Koroma


Loan has been disbursed
 
Entrepreneur: Abdul Karim Koroma
Location: Magburaka, Tonkolili, Sierra Leone

Thank you for your loan. It has been disbursed to Abdul Karim Koroma by CCF - Salone Microfinance Trust in Sierra Leone. We are excited to watch this business grow. Over the next 8 - 14 months, CCF - Salone Microfinance Trust will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Magburaka, Tonkolili, Sierra Leone
Jul 11, 2007
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Abdul used the loan to generate additional business. This allowed him to purchase new school uniforms for his children.
 
Entrepreneur: Abdul Karim Koroma
Location: Magburaka, Tonkolili, Sierra Leone

Abdul Karim praises Kiva for unexpected assistance done to him and the family. Abdul said, “my children can now dress smartly at school and have shoes. “Before the loan, I was ashamed to see my children going to school with old uniforms” “ The Kiva loan has lifted the shame off me” Karim lamented. Karim’s business has increased and so has his profit. He is determined to be a client in good standing and would like to continue accessing loans from Kiva


Posted by Kelsi Harris from Magburaka, Tonkolili, Sierra Leone
Oct 22, 2007
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Kiva Help Repayment Schedule for Abdul Karim Koroma

  Expected Repayments Actual Repayments Comments
October 2007 $21.88 $22.00 Repayment Received
November 2007 $21.88 $22.00 Repayment Received
December 2007 $21.88 $22.00 Repayment Received
January 2008 $21.88 $22.00 Repayment Received
February 2008 $21.88 $22.00 Repayment Received
March 2008 $21.88 $22.00 Repayment Received
April 2008 $21.88 $22.00 Repayment Received
May 2008 $21.84 $21.00 Repayment Received