Musidal Ii Group


Status: Paying Back

$675.00   Loan Amount
11% repaid

About the Group

Group Name: Musidal Ii Group
Group Members: Mohamed Jalloh
Mohamed I. Jalloh
Mohamed B. Jalloh
Location: Kabala, Sierra Leone
Activity: Animal Sales

About the Loan

Loan Amount: $675.00
Loan Use: Invest in his business
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 16, 2009
Date Disbursed: Sep 11, 2009
Date Funded:Oct 18, 2009

About the Country

Country:Sierra Leone
Avg Annual Income:$903.00
Currency:Sierra Leone Leones (SLL)
Exchange Rate:3,632.0000 SLL = 1 USD



Here are members of the Musidal II group. These are small scale businesspeople in the town of Kabala, in the Koinadugu district, northern Sierra Leone. They are seeking a loan of Le 800,000 for each to help them develop their businesses.

The leader of this group is Mohamed Jalloh. Mohamed was born in Kabala town, thirty-eight years ago. He is married with two children. Mohamed sells cattle and timbers. He has been in this business for over ten 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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Don

Mick
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Michael
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Arvada, CO UCC
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Alex
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Martin
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David
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Jens Damsgaard Vånar
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Ulrike & Family
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David
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Soren
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Gavin
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Journal entries for Musidal Ii Group


Loan has been disbursed
 
Entrepreneur: Musidal Ii Group
Location: Kabala, Sierra Leone

Thank you for your loan. It has been disbursed to Musidal Ii Group, consisting of Mohamed Jalloh, Mohamed I. Jalloh, Mohamed B. Jalloh by Salone Microfinance Trust (SMT), a partner of ChildFund International in Sierra Leone. We are excited to watch this business grow. Over the 9 months of this loan, Salone Microfinance Trust (SMT), a partner of ChildFund International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kabala, Sierra Leone
Oct 19, 2009
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Kiva Help Repayment Schedule for Musidal Ii Group

  Expected Repayments Actual Repayments Comments
December 2009 $75.00 $75.00 Repayment Received
January 2010 $75.00 Available Jan 1  
February 2010 $75.00 Available Feb 1  
March 2010 $75.00 Available Mar 1  
April 2010 $75.00 Available Apr 1  
May 2010 $75.00 Available May 1  
June 2010 $75.00 Available Jun 1  
July 2010 $75.00 Available Jul 1  
August 2010 $75.00 Available Aug 1