Block C North 2003-2 Group
Status: Paid Back
| $1,375.00 | Loan Request | |
|---|---|---|
| $1,375.00 | Paid Back |
About the Group
| Group Name: | Block C North 2003-2 Group |
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| Group Members: |
Jane Ayaa Ruth Kabu Juru Laida Poni Sale Rose Foni |
| Location: | Munuki, Juba, Southern, South Sudan |
| Activity: | Retail |
About the Loan
| Loan Amount: | $1,375.00 |
|---|---|
| Loan Use: | To open up a bar. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jul 5, 2008 |
| Date Disbursed: | Jul 30, 2008 |
| Date Funded: | Jul 16, 2008 |
| Loan Ended: | Aug 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | BRAC South Sudan |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 20 months |
| Kiva Entrepreneurs: | 1553 |
| Total Loans: | $512,200 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | South Sudan |
|---|---|
| Avg Annual Income: | $600.00 |
| Currency: | Sudan Pounds (SDG) |
| Exchange Rate: | 2.0530 SDG = 1 USD |
The leader of this small group is Rose Foni. She currently sells beer and is requesting a loan to open up a bar. Rose is 30 years old and is married to a peasant. She has three children, ranging from age 7 to 15, all of whom go to school. Each week, Rose makes approximately 80 Sudanese pounds in profit. With the extra capital from her loan, she hopes to open up a bar.
Rose is joined in her small group by Poni Sale, Juru Laida, Ruth Kabu, and Jane Ayaa. Poni sells vegetables at the market (like okra and cabbages) and wants to expand her business. Juru sells charcoal at home and wants a loan to pay school fees for her children. Ruth sells bread at the market and wants to build an oven. Jane sells beans and posho at the market and is requesting a loan to open up a bar.
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 Block C North 2003-2 Group
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Loan has been disbursed
Location: Munuki, Juba, Southern, South Sudan
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Posted by
from Munuki, Juba, Southern, South Sudan
Jul 31, 2008 |
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Comment on this entry
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"Rose Poni's Loan Update"
Location: Munuki, Juba, Southern, South Sudan
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Posted by
BRAC Southern Sudan from Munuki, Juba, Southern, South Sudan
Mar 20, 2009 |
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Comment on this entry
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Repayment Schedule for Block C North 2003-2 Group
Repayment Schedule for Block C North 2003-2 Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2008 | $114.58 | $115.00 |  Repayment Received
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| November 2008 | $114.58 | $115.00 | Repayment Received
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| December 2008 | $114.58 | $114.00 | Repayment Received
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| January 2009 | $114.58 | $114.33 | Repayment Received
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| February 2009 | $114.58 | $114.58 | Repayment Received
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| March 2009 | $114.58 | $114.58 | Repayment Received
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| April 2009 | $114.58 | $114.58 | Repayment Received
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| May 2009 | $114.58 | $114.58 | Repayment Received
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| June 2009 | $114.58 | $114.58 | Repayment Received
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| July 2009 | $114.58 | $114.58 | Repayment Received
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| August 2009 | $114.58 | $114.58 | Repayment Received
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| September 2009 | $114.62 | $114.61 | Repayment Received
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