Akongo Margret
Status: Paying Back
| $450.00 | Loan Amount |
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15% repaid
About the Entrepreneur
| Name: | Akongo Margret |
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| Location: | Gumbo, South Sudan |
| Activity: | Retail |
About the Loan
| Loan Amount: | $450.00 |
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| Loan Use: | open up a backery |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Sep 21, 2009 |
| Date Disbursed: | Aug 31, 2009 |
| Date Funded: | Sep 21, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | BRAC South Sudan |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 20 months |
| Kiva Entrepreneurs: | 1550 |
| Total Loans: | $511,650 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | South Sudan |
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| Avg Annual Income: | $600.00 |
| Currency: | Sudan Pounds (SDG) |
| Exchange Rate: | 2.3431 SDG = 1 USD |
Akongo Margret is currently in the business of selling bread and is requesting a loan to open up a backery. Akongo is 46 years old and is Married with a husband that is a peasant . She has 4 children and her children go to school. With the extra profits from her loan, she hopes to be able to pay the school fees for children BRAC's holistic approach to poverty alleviation and empowerment of the poor encompasses a range of core programs in economic and social development, health, education , and human rights and legal services which are delivered through an extensive network of village organizations. BRAC has become one of the world's largest NGOs as a measured by the scale and diversity of its interventions. In 2007, BRAC started operations in Southern Sudan. The microfinance program, which is targeted towards returning war refugees, has already formed 418 village organizations with more than 14,000 women members.
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Journal entries for Akongo Margret
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Loan has been disbursed
Location: Gumbo, South Sudan
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Posted by
from Gumbo, South Sudan
Sep 22, 2009 |
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Comment on this entry
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Repayment Schedule for Akongo Margret
Repayment Schedule for Akongo Margret
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| November 2009 | $34.61 | $34.61 |  Repayment Received
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| December 2009 | $34.62 | $34.62 | Repayment Received
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| January 2010 | $43.27 | Available Jan 1 | |||
| February 2010 | $34.61 | Available Feb 1 | |||
| March 2010 | $34.61 | Available Mar 1 | |||
| April 2010 | $34.62 | Available Apr 1 | |||
| May 2010 | $43.27 | Available May 1 | |||
| June 2010 | $34.61 | Available Jun 1 | |||
| July 2010 | $43.27 | Available Jul 1 | |||
| August 2010 | $34.61 | Available Aug 1 | |||
| September 2010 | $34.61 | Available Sep 1 | |||
| October 2010 | $43.29 | Available Oct 1 | |||
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