Go Bifo Group
Status: Paying Back
| $400.00 | Loan Amount |
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0% repaid
About the Group
| Group Name: | Go Bifo Group |
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| Group Members: |
Frances I. Sanu Isatu Kamara Janet Sanu |
| Location: | Makeni, Sierra Leone |
| Activity: | Textiles |
About the Loan
| Loan Amount: | $400.00 |
|---|---|
| Loan Use: | Buy more stock to create and sell traditional dyed cloth |
| Repayment Term: | 10 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Nov 4, 2009 |
| Date Disbursed: | Nov 3, 2009 |
| Date Funded: | Nov 5, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Salone Microfinance Trust (SMT), a partner of ChildFund International |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 30 months |
| Kiva Entrepreneurs: | 3763 |
| Total Loans: | $1,076,900 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Sierra Leone |
|---|---|
| Avg Annual Income: | $903.00 |
| Currency: | Sierra Leone Leones (SLL) |
| Exchange Rate: | 3,765.0000 SLL = 1 USD |
The Go Bifo Group is made up of Frances I. Sanu, Janet Sanu, and Isatu Kamara, businesswomen seeking a loan of 1.5 million LE from Kiva lenders and SMT. Frances is the group’s leader, and she is single with no children. For the past two years, Frances has had a business making and selling “gara lappas”, a type of locally dyed cloth. With her portion of the loan, she will be able to expand her business and increase her income.
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
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
Jerome
redwood City, CA
United States
Anonymous
San Francisco, CA
United States
JOSE
HONG KONG, SAR - CHINA
Hong Kong
Erika
San Diego, CA
United States
Carole
Benicia, CA
United States
Jim
Chicago, IL
United States
Centre Support Team
Newcastle, Tyne and Wear
United Kingdom
Ramona
KivaFriends.org, Berlin
Germany
nico
haarlem,
Netherlands
Deborah
San Diego, CA
United States
Dominik
Heidelberg,
Germany
Rashmi
Hillarys, Western Australia
Australia
Jackie
Canada
Tomas K
Lidingo,
Sweden
Jon
Clarksville, OH
United States
Top Lending Teams for this group
Journal entries for Go Bifo Group
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Loan has been disbursed
Location: Makeni, Sierra Leone
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Posted by
from Makeni, Sierra Leone
Nov 6, 2009 |
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Comment on this entry
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Repayment Schedule for Go Bifo Group
Repayment Schedule for Go Bifo Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| February 2010 | $50.00 | Available Feb 1 | |||
| March 2010 | $50.00 | Available Mar 1 | |||
| April 2010 | $50.00 | Available Apr 1 | |||
| May 2010 | $50.00 | Available May 1 | |||
| June 2010 | $50.00 | Available Jun 1 | |||
| July 2010 | $50.00 | Available Jul 1 | |||
| August 2010 | $50.00 | Available Aug 1 | |||
| September 2010 | $50.00 | Available Sep 1 | |||
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