Our Father 2 Group
Status: Paying Back
| $300.00 | Loan Amount |
|---|
35% repaid
About the Group
| Group Name: | Our Father 2 Group |
|---|---|
| Group Members: |
Kular Gray Asatu Saysay Kular Samuel Dorothy Nah Jamesetta Taylor |
| Location: | Monrovia North, Liberia |
| Activity: | Food Market |
About the Loan
| Loan Amount: | $300.00 |
|---|---|
| Loan Use: | To buy more rice to sell. |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 2, 2009 |
| Date Disbursed: | Sep 7, 2009 |
| Date Funded: | Oct 2, 2009 |
About the Field Partner
About the Field Partner
About the Country
| Country: | Liberia |
|---|---|
| Avg Annual Income: | $500.00 |
| Currency: | Liberia Dollars (LRD) |
| Exchange Rate: | 71.0000 LRD = 1 USD |
Kular Gray is 46 years old and married with three children between the ages of five and eleven. They attend school in 1st through 8th grades. Kular is illiterate due to poverty.
She buys rice wholesale and takes it to rural areas to sell it at a retail price. Kular has been running this business for fifteen years, and it is the income from this business that makes it possible for her to take care of her family. She has good relationships with her customers, and that's why her business is successful.
This loan is needed to buy more rice wholesale in order to make more profits that can expand her business. Kular dreams of having a rice store of her own that she can manage well in order to build a house, educate her children, and give them good medical care.
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
She buys rice wholesale and takes it to rural areas to sell it at a retail price. Kular has been running this business for fifteen years, and it is the income from this business that makes it possible for her to take care of her family. She has good relationships with her customers, and that's why her business is successful.
This loan is needed to buy more rice wholesale in order to make more profits that can expand her business. Kular dreams of having a rice store of her own that she can manage well in order to build a house, educate her children, and give them good medical care.
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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Lenders to this group
Anonymous
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MarkhamX
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Jordan
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Debbie
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Tracia
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Anonymous
Farmington, CT
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Anonymous
Shelley/Bob/Emily/Steph
Tucson, AZ
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Dave
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donna
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Journal entries for Our Father 2 Group
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Loan has been disbursed
Location: Monrovia North, Liberia
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Posted by
from Monrovia North, Liberia
Oct 3, 2009 |
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Comment on this entry
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Repayment Schedule for Our Father 2 Group
Repayment Schedule for Our Father 2 Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $105.88 | $105.88 |  Repayment Received
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| January 2010 | $88.24 | Available Jan 1 | |||
| February 2010 | $70.59 | Available Feb 1 | |||
| March 2010 | $35.29 | Available Mar 1 | |||
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