Sheika Buckarie's Group
Status: Paid Back
| $1,200.00 | Loan Request | |
|---|---|---|
| $1,200.00 | Paid Back |
About the Group
| Group Name: | Sheika Buckarie's Group |
|---|---|
| Group Members: |
Victor Massaboi Gbassay Koroma Adama Momoh Sheika Buckarie |
| Location: | Makeni, Sierra Leone |
| Activity: | Cosmetics Sales |
About the Loan
| Loan Amount: | $1,200.00 |
|---|---|
| Loan Use: | Start businesses to supplement their salaries |
| Repayment Term: | 12 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Aug 4, 2008 |
| Date Disbursed: | Sep 12, 2008 |
| Date Funded: | Aug 29, 2008 |
| Loan Ended: | Aug 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: | 3734 |
| Total Loans: | $1,072,225 |
| 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: | 2,962.5000 SLL = 1 USD |
Sheika Buckarie, the leader of this group, would like to give his wife the loan so she can start selling cosmetics. This was a long-held dream of theirs, but Sheika's salary was too small to enable his wife to start a business, considering their numerous other needs. With a loan from SMT, Sheika can now give his wife the required capital she needs to start a small business. Sheika is 36, and he was born in Kailahun in eastern Sierra Leone. He is married with 2 children.
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 Sheika Buckarie's Group
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Loan has been disbursed
Location: Makeni, Sierra Leone
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Posted by
from Makeni, Sierra Leone
Sep 13, 2008 |
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Comment on this entry
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Repayment Schedule for Sheika Buckarie's Group
Repayment Schedule for Sheika Buckarie's Group
| Expected Repayments | Actual Repayments | Comments | |||
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| December 2008 | $120.00 | $120.00 |  Repayment Received
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| January 2009 | $120.00 | $120.00 | Repayment Received
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| February 2009 | $120.00 | $120.00 | Repayment Received
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| March 2009 | $120.00 | $120.00 | Repayment Received
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| April 2009 | $120.00 | $120.00 | Repayment Received
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| May 2009 | $120.00 | $120.00 | Repayment Received
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| June 2009 | $120.00 | $119.99 | Repayment Received
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| July 2009 | $120.00 | $120.00 | Repayment Received
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| August 2009 | $120.00 | $120.00 | Repayment Received
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| September 2009 | $120.00 | $120.01 | Repayment Received
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