Oliver Grace


Status: Paying Back

$450.00   Loan Amount
15% repaid

About the Entrepreneur

Name: Oliver Grace
Location: Hai-gabat,juba,southern, South Sudan
Activity: Charcoal Sales

About the Loan

Loan Amount: $450.00
Loan Use: To purchase bags of charcoal
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 1, 2009
Date Disbursed: Sep 4, 2009
Date Funded:Oct 1, 2009

About the Country

Country:South Sudan
Avg Annual Income:$600.00
Currency:Sudan Pounds (SDG)
Exchange Rate:2.3100 SDG = 1 USD



Oliver Grace is currently in the business of selling charcoal and is requesting a loan to purchase more bags of charcoal to sell. Oliver is 39 years old and a widow. She has three children who go to school. With the extra profits from her loan, she hopes to be able to pay school fees for her 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, 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 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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Lenders to this entrepreneur

Soren
Herning, DK
Denmark

Klaus
Dortmund,
Germany

Bree
Brisbane, Queensland
Australia

Ben
Derby, Derbyshire
United Kingdom

Anonymous

Mikael
Copenhagen,
Denmark

Erwin
Dunellen, NJ
United States

Anthony
Fort Eustis, VA
United States

Sidse
Odense S, Odense
Denmark

Gigi
Arlington Heights, IL
United States

Andrew
Middle River, MD
United States

Sandra
Waterloo, Ontario
Canada

Anonymous
Ft Lauderdale, FL
United States

Yvonne
Ashburn, VA
United States

Thomas
Schwerte,
Germany



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Journal entries for Oliver Grace


Loan has been disbursed
 
Entrepreneur: Oliver Grace
Location: Hai-gabat,juba,southern, South Sudan

Thank you for your loan. It has been disbursed to Oliver Grace by BRAC South Sudan in Sudan. We are excited to watch this business grow. Over the 11 months of this loan, BRAC South Sudan will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Hai-gabat,juba,southern, South Sudan
Oct 2, 2009
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Kiva Help Repayment Schedule for Oliver Grace

  Expected Repayments Actual Repayments Comments
December 2009 $69.23 $69.23 Repayment Received
January 2010 $34.61 Available Jan 1  
February 2010 $34.62 Available Feb 1  
March 2010 $43.26 Available Mar 1  
April 2010 $34.62 Available Apr 1  
May 2010 $34.61 Available May 1  
June 2010 $43.27 Available Jun 1  
July 2010 $34.61 Available Jul 1  
August 2010 $34.62 Available Aug 1  
September 2010 $43.26 Available Sep 1  
October 2010 $34.62 Available Oct 1  
November 2010 $8.67 Available Nov 1