Mohamed Bundu's Group


Status: Paid Back

$1,375.00   Loan Request
$1,375.00   Paid Back

About the Group

Group Name: Mohamed Bundu's Group
Group Members: Justine F. Koroma
Daniel Sankoh
Abu-bakarr Kargbo
Mohamed Barrie
Mohamed Bundu
Location: Makeni, Sierra Leone
Activity: Personal Education Expenses

About the Loan

Loan Amount: $1,375.00
Loan Use: Pay school fees and other school charges.
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 4, 2008
Date Disbursed: Aug 20, 2008
Date Funded:Aug 6, 2008
Loan Ended:Jul 15, 2009

About the Country

Country:Sierra Leone
Avg Annual Income:$903.00
Currency:Sierra Leone Leones (SLL)
Exchange Rate:2,962.5000 SLL = 1 USD



Mohamed Bundu, Mohamed Barrie, Abu Bakarr Kargbo, Daniel Sankoh and Justine F. Koroma are military personnel requesting a loan of Le 4,000,000.

Mohamed Bundu is the leader of this group. He is 28 years old and was born in Kailahun. He has one child. Mohamed and Daniel Sankoh would like to use their loans to further educate themselves. Mohamed Barrie and Abu-Bakarr Kargbo want loans to give to their wives to do some petty trading. This can help them a lot to earn extra income to make ends meet. Justine F. Koroma will use his loan to buy a plot of land.



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

Shahin Murphy
Toronto, ON
Canada

Saya
Strasbourg, France

Gumball Capital
Stanford, CA
United States

Joanne
Sunnyvale, California
United States

catherina
SANDNES, ROGALAND
Norway

GSD
Wellington, NA
New Zealand

Holli
bellevue, WA
United States

Jean-Marie
Drummondville, Quebec
Canada

vilde
drammen,
Norway

Eve Sanz
Brandon, FL
United States

James
Calgary, Alberta
Canada

Claus-Peter
www.kivafriends.org,
Germany

Leland
Weehawken, NJ
United States

Johan
VELSERBROEK, NH
Netherlands

Tore
Oslo, Oslo
Norway

The Imran Family
Regina, SK
Canada

Jonathan
Medfield, MA
United States

Connie
Danville, CA
United States

Carlos

Portugal

Aamir
Houston, TX
United States

marcel
Oakland, CA
United States

Colby & Jackson
paso robles, CA
United States

T&B
Waikoloa, HI
United States

Lara
Portland, OR
United States

Michelle
Tucson, AZ
United States

CDM
Horsham, Victoria
Australia

Goldfishbutt
San Francisco, CA
United States

Leonardo
Dallas, TX
United States

Harue
Yamanashi
Japan

Anonymous
Berkeley, CA
United States

Frank
Maintal, Hessen
Germany

Holland
Bellflower, CA
United States

Colin
Semaphore South, South Australia
Australia

LQS Eddie Gough Fund
St Brelade, Jersey CI
United Kingdom

Emile
Stuttgart,
Germany

theprisoner6
Decatur, GA
United States

Lorenzo
Ragusa, Ragusa
Italy

Melanie, Justin and Sam
Providence, RI
United States



Journal entries for Mohamed Bundu's Group


Loan has been disbursed
 
Entrepreneur: Mohamed Bundu's Group
Location: Makeni, Sierra Leone

Thank you for your loan. It has been disbursed to the group, consisting of Mohamed Bundu, Mohamed Barrie, Abu-bakarr Kargbo, Daniel Sankoh, Justine F. Koroma by Salone Microfinance Trust (SMT), a partner of Christian Children's Fund in Sierra Leone. We are excited to watch this business grow. Over the next 10 months, Salone Microfinance Trust (SMT), a partner of Christian Children's Fund will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Makeni, Sierra Leone
Aug 20, 2008
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A Journal Update for Mohamed Bundu's Group
 
Entrepreneur: Mohamed Bundu's Group
Location: Makeni, Sierra Leone

Mohamed and group members are very grateful to you for the support rendered to them. With the help of your loan to them, these personnel were able to pay their college fees and invest in their wives' businesses. This brought a lot of joy and happiness into the lives of these Borrowers. They thank you a lot for this support.


Posted by Ibrahim Oumarr Jalloh from Makeni, Sierra Leone
Jul 31, 2009
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Kiva Help Repayment Schedule for Mohamed Bundu's Group

  Expected Repayments Actual Repayments Comments
November 2008 $137.50 $138.00 Repayment Received
December 2008 $137.50 $138.00 Repayment Received
January 2009 $137.50 $136.50 Repayment Received
February 2009 $137.50 $137.50 Repayment Received
March 2009 $137.50 $137.50 Repayment Received
April 2009 $137.50 $137.50 Repayment Received
May 2009 $137.50 $137.50 Repayment Received
June 2009 $137.50 $137.50 Repayment Received
July 2009 $137.50 $137.50 Repayment Received
August 2009 $137.50 $137.50 Repayment Received