Mugomeh Group
Status: Paying Back
| $400.00 | Loan Amount |
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12% repaid
About the Group
| Group Name: | Mugomeh Group |
|---|---|
| Group Members: |
Ansumana Musa Yankuba Ansumana Ismail Conteh |
| Location: | Waterloo, Sierra Leone |
| Activity: | Shoe Sales |
About the Loan
| Loan Amount: | $400.00 |
|---|---|
| Loan Use: | To invest in his business |
| Repayment Term: | 10 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Sep 20, 2009 |
| Date Disbursed: | Sep 10, 2009 |
| Date Funded: | Sep 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: | 3,557.0000 SLL = 1 USD |
This is Ansumana Musa, Yankuba Ansumana and Ismail Conteh. They call their group Mugomeh, a Mende phrase meaning “Let’s meet together”. This will be their first loan from SMT, a partner of Shine on Sierra Leone in Waterloo. They are requesting a loan of Le 1,400,000 to enable them boost their businesses.
Ansumana Musa (right) is the leader of this group. Ansumana is thirty-four years of age. He was born in a village called Shengeh, Moyamba district, southern Sierra Leone. He is married with three children – one is in class one and the other is not of school going age. Ansumana sells used shoes and has been doing business for fifteen years now.
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
Ansumana Musa (right) is the leader of this group. Ansumana is thirty-four years of age. He was born in a village called Shengeh, Moyamba district, southern Sierra Leone. He is married with three children – one is in class one and the other is not of school going age. Ansumana sells used shoes and has been doing business for fifteen years now.
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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Top Lending Teams for this group
Atheists, Agnostics, Skeptics, Freethinkers, Secular Humanists and the Non-Religious
Common Interest
7030 Members
Journal entries for Mugomeh Group
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Loan has been disbursed
Location: Waterloo, Sierra Leone
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Posted by
from Waterloo, Sierra Leone
Sep 24, 2009 |
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Comment on this entry
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Repayment Schedule for Mugomeh Group
Repayment Schedule for Mugomeh Group
| Expected Repayments | Actual Repayments | Comments | |||
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| December 2009 | $50.00 | $50.00 |  Repayment Received
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| January 2010 | $50.00 | Available Jan 1 | |||
| February 2010 | $50.00 | Available Feb 1 | |||
| March 2010 | $50.00 | Available Mar 1 | |||
| April 2010 | $50.00 | Available Apr 1 | |||
| May 2010 | $50.00 | Available May 1 | |||
| June 2010 | $50.00 | Available Jun 1 | |||
| July 2010 | $50.00 | Available Jul 1 | |||
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