Jesus Is Lord #2 Group


Status: Paying Back

$400.00   Loan Amount
17% repaid

About the Group

Group Name: Jesus Is Lord #2 Group
Group Members: Teta Taylor
Sam Jones
Teta Gozomo
Alex Goto
Edward Mallay
Location: Monrovia North, Liberia
Activity: Food Market

About the Loan

Loan Amount: $400.00
Loan Use: To purchase chicken and pig feet barrels
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 14, 2009
Date Disbursed: Sep 30, 2009
Date Funded:Oct 15, 2009

About the Country

Country:Liberia
Avg Annual Income:$500.00
Currency:Liberia Dollars (LRD)
Exchange Rate:70.5000 LRD = 1 USD



Teta Taylor sells frozen chicken and pig feet. She buys them wholesale from importers and sells them in the Dualla market – a big food market, north of the capital, Monrovia, Liberia. Teta is 36 years old and married with three children between the ages of 12 and 14 years old, in 4th and 5th grades. Teta also cares for four siblings. She is a 10th grade drop-out due to lack of financial support. She and her family live in Virginia, a newly built community for poor people who can't afford to buy a town lot, north of Monrovia in Liberia.


Teta has been running her business for three years and hopes to become an importer in the future. Teta sell good big chicken and pig feet and takes her goods to her customers to encourage them to continue buying from her. She needs this loan to purchase more chicken and pig feet barrels. Teta dreams of improving the standard of living of her family.


"Jesus Is Lord" is a group of five borrowers led by Teta Taylor.




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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Jordan
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Ron
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Michelle
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Heide
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Russell
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Marcia
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Journal entries for Jesus Is Lord #2 Group


Loan has been disbursed
 
Entrepreneur: Jesus Is Lord #2 Group
Location: Monrovia North, Liberia

Thank you for your loan. It has been disbursed to Jesus Is Lord #2 Group, consisting of Teta Taylor, Sam Jones, Teta Gozomo, Alex Goto, Edward Mallay 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 Monrovia North, Liberia
Oct 16, 2009
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Kiva Help Repayment Schedule for Jesus Is Lord #2 Group

  Expected Repayments Actual Repayments Comments
December 2009 $70.59 $70.59 Repayment Received
January 2010 $94.12 Available Jan 1  
February 2010 $117.64 Available Feb 1  
March 2010 $94.12 Available Mar 1  
April 2010 $23.53 Available Apr 1