By The Grace Of God Group
Status: Paying Back
| $450.00 | Loan Amount |
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25% repaid
About the Group
| Group Name: | By The Grace Of God Group |
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| Group Members: |
Ibrahim Sesay Yealie Mansaray Mahawa Koroma |
| Location: | Magburaka, Tonkolili, Sierra Leone |
| Activity: | Tailoring |
About the Loan
| Loan Amount: | $450.00 |
|---|---|
| Loan Use: | Invest into his tailoring business |
| Repayment Term: | 10 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Aug 20, 2009 |
| Date Disbursed: | Aug 14, 2009 |
| Date Funded: | Aug 20, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Salone Microfinance Trust (SMT), a partner of ChildFund International |
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| 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: | 3,400.0336 SLL = 1 USD |
Here are members of By the Grace of God group. They are small scale businesspeople base in Magburaka town, in northern Sierra Leone. In order to improve their businesses, they have applied for a loan of Le 500,000 for each from SMT/Kiva.
Ibrahim Sesay (middle) is the leader of this group. Ibrahim is forty-six years of age, born in Kambia district, in northern Sierra Leone. Ibrahim is married to a businesswoman and they have seven children together. Some of his children are attending secondary schools and others in primary schools. Ibrahim is a tailor and has been in this business for many years now. He will use this loan to expand his business by buying sewing materials.
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
Ibrahim Sesay (middle) is the leader of this group. Ibrahim is forty-six years of age, born in Kambia district, in northern Sierra Leone. Ibrahim is married to a businesswoman and they have seven children together. Some of his children are attending secondary schools and others in primary schools. Ibrahim is a tailor and has been in this business for many years now. He will use this loan to expand his business by buying sewing materials.
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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Lenders to this group
Good Dogg
Front Porch, www.kivafriends.org
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Jacqueline
MILTON KEYNES, BUCKS
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Matt
Albuquerque, nm
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Freny
Malibu, CA
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maurice
Sofia, Sofia
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Adele
Indianapolis, IN
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SmooveJ
San Francisco, CA
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Anonymous
Dove Canyon, CA
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Jeremy
los angeles, CA
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Tamara
Bellingham, WA
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Philip
Erskineville, New South Wales
Australia
Richard
Richmond Hill, Ontario,
Canada
Jody
Davis, CA
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Mariesa, Baxter & Bre
Lincoln, MI
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Dave
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Journal entries for By The Grace Of God Group
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Loan has been disbursed
Location: Magburaka, Tonkolili, Sierra Leone
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Posted by
from Magburaka, Tonkolili, Sierra Leone
Aug 21, 2009 |
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Comment on this entry
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Repayment Schedule for By The Grace Of God Group
Repayment Schedule for By The Grace Of God Group
| Expected Repayments | Actual Repayments | Comments | |||
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| November 2009 | $56.25 | $56.25 |  Repayment Received
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| December 2009 | $56.25 | $56.25 | Repayment Received
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| January 2010 | $56.25 | Available Jan 1 | |||
| February 2010 | $56.25 | Available Feb 1 | |||
| March 2010 | $56.25 | Available Mar 1 | |||
| April 2010 | $56.25 | Available Apr 1 | |||
| May 2010 | $56.25 | Available May 1 | |||
| June 2010 | $56.25 | Available Jun 1 | |||
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