Alhadi Islamic Primary School Group
Status: Paying Back
| $1,250.00 | Loan Amount |
|---|
0% repaid
About the Group
| Group Name: | Alhadi Islamic Primary School Group |
|---|---|
| Group Members: |
Abu B. Bangura John P. Fullah Duad A. Kanu Alhajie Turay Fatmata O. Kuyateh |
| Location: | Makeni, Sierra Leone |
| Activity: | Personal Purchases |
About the Loan
| Loan Amount: | $1,250.00 |
|---|---|
| Loan Use: | Much needed home repairs |
| Repayment Term: | 11 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Nov 4, 2009 |
| Date Disbursed: | Nov 2, 2009 |
| Date Funded: | Nov 15, 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: | 3721 |
| Total Loans: | $1,070,525 |
| 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 Alhadi Islamic Primary School was established in 1996, and with a staff of 18 people it currently serves 702 pupils. Several of the teachers of Alhadi Islamic have joined together to seek a loan for various reasons and purposes (some to pay school fees, some to invest in their personal side-business, and others to make household improvements). Abu B. Bangura is 38 and married to a tradeswoman with four children. Abu is seeking the loan in order to increase his income to the point where he is able to make much-needed improvements on his family’s home.
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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Journal entries for Alhadi Islamic Primary School Group
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Loan to Abu B. Bangura
John P. Fullah Duad A. Kanu Alhajie Turay Fatmata O. Kuyateh in Sierra Leone has been 100% funded Location: Makeni, Sierra Leone
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Posted by
from Makeni, Sierra Leone
Nov 15, 2009 |
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Comment on this entry
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Repayment Schedule for Alhadi Islamic Primary School Group
Repayment Schedule for Alhadi Islamic Primary School Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| February 2010 | $138.89 | Available Feb 1 | |||
| March 2010 | $138.89 | Available Mar 1 | |||
| April 2010 | $138.89 | Available Apr 1 | |||
| May 2010 | $138.89 | Available May 1 | |||
| June 2010 | $138.88 | Available Jun 1 | |||
| July 2010 | $138.89 | Available Jul 1 | |||
| August 2010 | $138.89 | Available Aug 1 | |||
| September 2010 | $138.89 | Available Sep 1 | |||
| October 2010 | $138.89 | Available Oct 1 | |||
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