My Children Business Group


Status: Paying Back

$425.00   Loan Amount
35% repaid

About the Group

Group Name: My Children Business Group
Group Members: Ruth L. Browne
Lindea Kiadii
Fole Kiadii
James Tamba
Love Jah
Location: Lofa Co. Northern Liberia, Liberia
Activity: Food Production/Sales

About the Loan

Loan Amount: $425.00
Loan Use: To purchase more food and ingredients to grow her business
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 30, 2009
Date Disbursed: Sep 8, 2009
Date Funded:Sep 30, 2009

About the Country

Country:Liberia
Avg Annual Income:$500.00
Currency:Liberia Dollars (LRD)
Exchange Rate:71.0000 LRD = 1 USD



Ruth L. Browne is the leader of a group of five borrowers called My Children Business. She is 34 years old and a college student. Ruth is a single mother of three children aged 12-18 years old and their educational levels are 9th grade to 1st year university. She also cares for four siblings. She lives at and sells on the VOA Road, Brewerville, on the outskirts of Monrovia, the capital of Liberia.

Ruth's business is food preparation and she sells to the residents of VOA Road. She has been running this business for four years and is grateful to the business for taking care of herself and her children. Ruth's difficulty she faces with her business is when her business money gets stolen.

Preparing her food is the best way that Ruth attracts her customers. She needs this loan in order to purchase more food and ingredients to grow her business. Becoming an international businesswoman is Ruth's dream, so as to give herself and her children a better life.




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

Subscribe

Lenders to this group

LESLIE
Barrie, Ontario
Canada

Denise's Pebbles
Cobourg, Ontario
Canada

EditMe, LLC
Maynard, MA
United States

Wandtattoos.de
Illingen,
Germany

Dagna
Austin, MN
United States

Pat & Steve
Robbinsdale, MN
United States

Anonymous
Placitas, NM
United States

Anonymous
Vancouver, British Columbia
Canada

Anonymous

Karen and Gery
KivaFriends.org, Monarch Beach, CA USA
United States

Jurrien
Bellows Falls, VT
United States

Anonymous

Stephen
Vancouver, British Columbia
Canada

Mariann
New York, NY
United States

babydee
Toronto, Ontario
Canada

Jos
El. Paso, TX
United States

Michael
waltham, MA
United States



Top Lending Teams for this group


A-Tisket A-Tasket
Friends
38 Members

Poverty2Prosperity.org - Poverty-Escape
Businesses
1666 Members

Journal entries for My Children Business Group


Loan has been disbursed
 
Entrepreneur: My Children Business Group
Location: Lofa Co. Northern Liberia, Liberia

Thank you for your loan. It has been disbursed to My Children Business Group, consisting of Ruth L. Browne, Lindea Kiadii, Fole Kiadii, James Tamba, Love Jah by Local Enterprise Assistance Program (LEAP), a partner of World Hope International and World Relief in Liberia. We are excited to watch this business grow. Over the 4 months of this loan, Local Enterprise Assistance Program (LEAP), a partner of World Hope International and World Relief will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Lofa Co. Northern Liberia, Liberia
Oct 1, 2009
Comment on this entry

Kiva Help Repayment Schedule for My Children Business Group

  Expected Repayments Actual Repayments Comments
November 2009 $50.00 $0.00 Repayment Received
December 2009 $100.00 $150.00 Repayment Received
January 2010 $100.00 Available Jan 1  
February 2010 $125.00 Available Feb 1  
March 2010 $50.00 Available Mar 1