Ibrahim S. Sillah


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

Name: Ibrahim S. Sillah
Location: Kabala, Sierra Leone
Activity: Restaurant

About the Loan

Loan Amount: $1,200.00
Loan Use: Ibrahim would like to re-enter into his previous business of selling cement and rice.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 16, 2008
Date Disbursed: Oct 31, 2008
Date Funded:Oct 17, 2008
Loan Ended:Nov 15, 2009

About the Country

Country:Sierra Leone
Avg Annual Income:$903.00
Currency:Sierra Leone Leones (SLL)
Exchange Rate:2,930.0000 SLL = 1 USD



This is Ibrahim S. Sillah. Ibrahim was born in Kabala 46 years ago. He is married to a business woman. Sillah has eight children – five are in secondary schools, two are in primary schools, and the youngest is not yet of school age. Ibrahim has been a business man in Kabala for the past 20 years now. He sells roasted meat, Ataya (a Chinese green tea), and also owns a shop where his wife sells tea and drinks.

This is the very first time Ibrahim is seeking a loan from SMT. He was a very successful business man in Kabala before rebels looted his shop, where he sold bags of cement and rice. His family supplied him with the initial capital necessary to start with the new meat and soft drink business. The business is growing, but at a very slow pace. He thus came to SMT to seek a loan of Le 3,500,000.00 to enable him to re-enter the business of selling cement and rice.


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Journal entries for Ibrahim S. Sillah


Loan has been disbursed
 
Entrepreneur: Ibrahim S. Sillah
Location: Kabala, Sierra Leone

Thank you for your loan. It has been disbursed to Ibrahim S. Sillah 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 12 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 Kabala, Sierra Leone
Nov 1, 2008
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Kiva Help Repayment Schedule for Ibrahim S. Sillah

  Expected Repayments Actual Repayments Comments
January 2009 $100.00 $100.00 Repayment Received
February 2009 $100.00 $100.00 Repayment Received
March 2009 $100.00 $100.00 Repayment Received
April 2009 $100.00 $100.00 Repayment Received
May 2009 $100.00 $100.00 Repayment Received
June 2009 $100.00 $100.00 Repayment Received
July 2009 $100.00 $100.00 Repayment Received
August 2009 $100.00 $100.00 Repayment Received
September 2009 $100.00 $100.00 Repayment Received
October 2009 $100.00 $100.00 Repayment Received
November 2009 $100.00 $100.00 Repayment Received
December 2009 $100.00 $100.00 Repayment Received