God Thank You Group
Status: Paying Back
| $425.00 | Loan Amount |
|---|
17% repaid
About the Group
| Group Name: | God Thank You Group |
|---|---|
| Group Members: |
Kutumu Keita Sekou kamara |
| Location: | Lofa Co. Northern Liberia, Liberia |
| Activity: | General Store |
About the Loan
| Loan Amount: | $425.00 |
|---|---|
| Loan Use: | To purchase more provisional goods like batteries, bath soap, candles, magarine, etc. to improve business. |
| Repayment Term: | 7 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 23, 2009 |
| Date Disbursed: | Sep 30, 2009 |
| Date Funded: | Oct 23, 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: | 71.2500 LRD = 1 USD |
God Thank You is a group of 2 borrowers led by Kutumu Keita. She is 30 years old and married with 3 children 3-15 years old. Their educational levels are kindergarten - 7th grade.
Kutumu is illiterate, and she and her family live on the Selegai highway on the outskirts of Voinjama, the capital of Lofa county, northern Liberia.
Kutumu's business is general provisions shop.She buys general provisions wholesale and sell to residents of Selegai High Way, Voinjama the capital of Lofa county,northern Liberia.
She has been running this business for 3 years and hoping to improve to a bigger store in the future to come.
Kutumu has been facing some financial problems with her business but because she talks to her customers in a good manner in order encourage them to continue buying from her, she always believes her business will get better.
She needs this loan in order to purchase more provisional goods like batteries, bath soap, candles, magarine etc. to improve business. Kutumu dreams of giving her children better education and 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
Kutumu is illiterate, and she and her family live on the Selegai highway on the outskirts of Voinjama, the capital of Lofa county, northern Liberia.
Kutumu's business is general provisions shop.She buys general provisions wholesale and sell to residents of Selegai High Way, Voinjama the capital of Lofa county,northern Liberia.
She has been running this business for 3 years and hoping to improve to a bigger store in the future to come.
Kutumu has been facing some financial problems with her business but because she talks to her customers in a good manner in order encourage them to continue buying from her, she always believes her business will get better.
She needs this loan in order to purchase more provisional goods like batteries, bath soap, candles, magarine etc. to improve business. Kutumu dreams of giving her children better education and 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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Journal entries for God Thank You Group
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Loan has been disbursed
Location: Lofa Co. Northern Liberia, Liberia
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Posted by
from Lofa Co. Northern Liberia, Liberia
Oct 24, 2009 |
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Comment on this entry
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Repayment Schedule for God Thank You Group
Repayment Schedule for God Thank You Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $75.00 | $75.00 |  Repayment Received
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| January 2010 | $100.00 | Available Jan 1 | |||
| February 2010 | $125.00 | Available Feb 1 | |||
| March 2010 | $100.00 | Available Mar 1 | |||
| April 2010 | $25.00 | Available Apr 1 | |||
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