Best Of All Group


Status: Paying Back

$1,825.00   Loan Amount
10% repaid

About the Group

Group Name: Best Of All Group
Group Members: Abdulai Kargbo
Yeabu Kamara
Fatmata B. Kamara
Zainab Khalun
Salamatu Kamara
Location: Makeni, Sierra Leone
Activity: Pharmacy

About the Loan

Loan Amount: $1,825.00
Loan Use: Invest in his business
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 23, 2009
Date Disbursed: Sep 9, 2009
Date Funded:Sep 23, 2009

About the Country

Country:Sierra Leone
Avg Annual Income:$903.00
Currency:Sierra Leone Leones (SLL)
Exchange Rate:3,567.0000 SLL = 1 USD



This is Abdul Kargbo, Yeabu Kamara, Fatmata B. Kamara, Zainab Khalun and Sallamatu Kamara. Small-scale businesspeople in Makeni City, located in northern Sierra Leone, they call their group Best of All. They have received several loans from Kiva through SMT, always repaying their loans on time and in full. Their previous loan for Le 1,000,000 each helped them a great deal, enabling them to solve many of their problems through increased profits. Today, they are requesting a loan of Le 1,300,000 each to further add to their businesses.



Abdulai Kargbo (on the right in the photo) is the leader of this group. Abdulai, 39 and born in Makeni City, is a married father of four – two in secondary schools, one in primary school and the last not yet of school age. Abdulai, a businessman for the over five years now, sells medicines.




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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Flavio
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Debra
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David
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stephen
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kari
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Tanya
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Matthias
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Lorna
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Emile
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Ingrid
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Sue
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Peggy & Patty
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Anonymous
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Kai
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Susan
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Christina
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Bruce
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Alexis
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Dana
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Neumann Family
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Sean
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Olivier
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Mark & Michon
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Florence
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Anonymous
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William & Susie
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Sacha
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Liana
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John
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Lisa
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Malia
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Dario
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Erica
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Rebecca
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Andi
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Michelle
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Richard
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Piet
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Tamara
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Rachel
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Alicia
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Rena
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Paul
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Sandy
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Anthony
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Anonymous
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Journal entries for Best Of All Group


Loan has been disbursed
 
Entrepreneur: Best Of All Group
Location: Makeni, Sierra Leone

Thank you for your loan. It has been disbursed to Best Of All Group, consisting of Abdulai Kargbo, Yeabu Kamara, Fatmata B. Kamara, Zainab Khalun, Salamatu Kamara by Salone Microfinance Trust (SMT), a partner of ChildFund International in Sierra Leone. We are excited to watch this business grow. Over the 10 months of this loan, Salone Microfinance Trust (SMT), a partner of ChildFund International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Makeni, Sierra Leone
Sep 24, 2009
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Kiva Help Repayment Schedule for Best Of All Group

  Expected Repayments Actual Repayments Comments
December 2009 $182.50 $182.50 Repayment Received
January 2010 $182.50 Available Jan 1  
February 2010 $182.50 Available Feb 1  
March 2010 $182.50 Available Mar 1  
April 2010 $182.50 Available Apr 1  
May 2010 $182.50 Available May 1  
June 2010 $182.50 Available Jun 1  
July 2010 $182.50 Available Jul 1  
August 2010 $182.50 Available Aug 1  
September 2010 $182.50 Available Sep 1