Rev. Sheiku B. Kanu's Group
Status: Paying Back
| $4,975.00 | Loan Amount |
|---|
10% repaid
About the Group
| Group Name: | Rev. Sheiku B. Kanu's Group |
|---|---|
| Group Members: |
Rev. Sheiku B. Kanu Saio Mansaray Mr. Joseph L. Koroma Maria Agnes Samu John T. Fornah Isatu B. Tarawalie Fatmata Sillah Bangura (not pictured) Samuel B. Mansaray Aminata Marian Kargbo (not pictured) Bockarie Felix Koroma Abu Bakarr S. Mansaray Mr. Samuel Kamara Daniel M. Kamara Gertrude J. Deffie Sheku Conteh Grace Rocetta Tarawalie (not pictured) |
| Location: | Makeni, Sierra Leone |
| Activity: | Cement |
About the Loan
| Loan Amount: | $4,975.00 |
|---|---|
| Loan Use: | Buy building materials like cements and iron corrugate zincs, and pay school fees for his children |
| Repayment Term: | 12 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Sep 28, 2009 |
| Date Disbursed: | Sep 2, 2009 |
| Date Funded: | Oct 21, 2009 |
About the Field Partner
About the Field Partner
|
|
| 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: | 3721 |
| Total Loans: | $1,070,525 |
| 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: | 3,620.0000 SLL = 1 USD |
This are members of a Vocational institute in Makeni. They want a loan of Le 18,000,0000 to help them meet their immediate needs. Some of them want the loan in order to invest in business, some to pay their childrens' school fees and other school related charges and others will like to invest the loan in a house building project.
Rev. Sheiku B. Kanu is a teacher at the school and also head of this group. Sheiku wants this loan in order to embark on a house building project he has begun and also pay school fees for his children. Sheiku is a fifty-six years old man, born in Rokupr, in northern Sierra Leone. He is married to a state registered nurse and they have three children. One of their children is in Senior Secondary School III (SSS III) and the others are in Junior Secondary School III (JSS III). Sheiku is a teacher at this Vocational institute and has been in the teaching profession for seventeen 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
Rev. Sheiku B. Kanu is a teacher at the school and also head of this group. Sheiku wants this loan in order to embark on a house building project he has begun and also pay school fees for his children. Sheiku is a fifty-six years old man, born in Rokupr, in northern Sierra Leone. He is married to a state registered nurse and they have three children. One of their children is in Senior Secondary School III (SSS III) and the others are in Junior Secondary School III (JSS III). Sheiku is a teacher at this Vocational institute and has been in the teaching profession for seventeen 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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Journal entries for Rev. Sheiku B. Kanu's Group
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Loan has been disbursed
Location: Makeni, Sierra Leone
|
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Posted by
from Makeni, Sierra Leone
Oct 22, 2009 |
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Comments (1)
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Repayment Schedule for Rev. Sheiku B. Kanu's Group
Repayment Schedule for Rev. Sheiku B. Kanu's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $497.50 | $497.50 |  Repayment Received
|
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| January 2010 | $497.50 | Available Jan 1 | |||
| February 2010 | $497.50 | Available Feb 1 | |||
| March 2010 | $497.50 | Available Mar 1 | |||
| April 2010 | $497.50 | Available Apr 1 | |||
| May 2010 | $497.50 | Available May 1 | |||
| June 2010 | $497.50 | Available Jun 1 | |||
| July 2010 | $497.50 | Available Jul 1 | |||
| August 2010 | $497.50 | Available Aug 1 | |||
| September 2010 | $497.50 | Available Sep 1 | |||
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