Liberty Group
Status: Paying Back
| $3,450.00 | Loan Amount |
|---|
About the Group
(For privacy reasons, the Field Partner has requested that last names be undisclosed)| Group Name: | Liberty Group |
|---|---|
| Group Members: |
Agnes comfort debora ophelia abenah rose doris grace augustina agnes |
| Location: | Dormaa, Ghana |
| Activity: | Fruits & Vegetables |
About the Loan
| Loan Amount: | $3,450.00 |
|---|---|
| Loan Use: | To buy additional stock |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 7, 2009 |
| Date Disbursed: | Oct 2, 2009 |
| Date Funded: | Oct 11, 2009 |
About the Field Partner
About the Field Partner
|
|
| Field Partner: | Sinapi Aba Trust (SAT) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 24 months |
| Kiva Entrepreneurs: | 5521 |
| Total Loans: | $2,890,550 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Ghana |
|---|---|
| Avg Annual Income: | $2,643.00 |
| Currency: | Ghana Cedis (GHS) |
| Exchange Rate: | 1.4590 GHS = 1 USD |
Agnes is a business woman and the leader of a trust bank group called ‘Liberty’. The group members are engaged either in farming and/or commercial activities. They sell/supply in their local market and nearby communities. They sometimes trek to nearby community markets. Some of the group members, however, also render services such as sewing/tailoring, hairdressing, etc. They want a loan to buy goods and materials in bulk to expand their businesses.
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 Liberty Group
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Loan has been disbursed
Location: Dormaa, Ghana
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Posted by
from Dormaa, Ghana
Oct 12, 2009 |
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Comment on this entry
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Repayment Schedule for Liberty Group
Repayment Schedule for Liberty Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $575.00 | Available Jan 1 | |||
| February 2010 | $575.00 | Available Feb 1 | |||
| March 2010 | $574.99 | Available Mar 1 | |||
| April 2010 | $575.00 | Available Apr 1 | |||
| May 2010 | $575.00 | Available May 1 | |||
| June 2010 | $575.01 | Available Jun 1 | |||
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