| $575.00 | Loan Amount |
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| Group Name: | Airfield Short Cut Group |
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| Group Members: |
Edwina Devine Jenneh Kanneh Girtu Jones Fatu Kawa Lovetta Kaiwah |
| Location: | South Of Monrovia, Liberia |
| Activity: | Charcoal Sales |
| Loan Amount: | $575.00 |
|---|---|
| Loan Use: | to purchase more charcoal to fill her warehouse |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible |
| Date Listed: | Sep 19, 2009 |
| Date Disbursed: | Sep 8, 2009 |
| Date Funded: | Sep 19, 2009 |
| Country: | Liberia |
|---|---|
| Avg Annual Income: | $500.00 |
| Currency: | Liberia Dollars (LRD) |
| Exchange Rate: | 71.5000 LRD = 1 USD |
Edwina lives in the Airfield Shortcut area. It is north of downtown Monrovia, Liberia. It’s a community with mixed poor and middle class Liberians.
Edwina’s business is, she buys charcoal wholesale and sells retail to the residents of Airfield Shortcut. She has been running this business for 3 years and she is grateful to this business because both her own and the children’s school fees and their food comes from her business.
Edwina started this business with a small amount of capital but now owns a warehouse and wants to go forward and expand her business. Her good relations with her customers made her reach this far, and she wants to become a big businesswoman, travelling out of country to bring different kinds of goods to Liberia.
Edwina needs the loan to purchase more charcoal to fill her warehouse and make more profit to increase her capital.
She dreams of graduating from university and giving her children a education for their future.
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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Loan has been disbursed
Location: South Of Monrovia, Liberia
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Posted by
from South Of Monrovia, Liberia
Sep 20, 2009 |
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Comment on this entry
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| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| November 2009 | $67.65 | $67.65 | Repayment Received
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| December 2009 | $135.29 | $135.29 | Repayment Received
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| January 2010 | $135.30 | Available Jan 1 | |||
| February 2010 | $169.11 | Available Feb 1 | |||
| March 2010 | $67.65 | Available Mar 1 | |||