Sowra A 2002-1 Group

Status: Paying Back

$1,275.00		Loan Amount

91% repaid

About the Group

Group Name:	Sowra A 2002-1 Group
Group Members:	Rose Ahabang Esther Matadio Lucia Aya Seida Celim Siama Sebit
Location:	Buluk, Juba, Southern, South Sudan
Activity:	Fuel/Firewood

About the Loan

Loan Amount:	$1,275.00
Loan Use:	Expand the business
Repayment Term:	14 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Nov 3, 2008
Date Disbursed:	Nov 18, 2008
Date Funded:	Nov 4, 2008

About the Field Partner

Field Partner:

BRAC South Sudan

Field Partner Risk Rating:

(Learn more)

Active

20 months

1550

$511,650

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	South Sudan
Avg Annual Income:	$600.00
Currency:	Sudan Pounds (SDG)
Exchange Rate:	2.1559 SDG = 1 USD

The group leader of this small group is Rose Ahabang. She is currently in the business of selling charcoal and is requesting a loan to expand the business. Rose is 40 years old and is married with a husband who is a polceman. She has 5 children ranging from age 9 to 21 and her children go to school. Each week, Rose makes approximately 100 Sudanese pounds in profits and with the extra profits from her loan, she hopes to be able to expand the business.

Rose is joined in her small group by Esther Matadio, Lucia Aya , Seidia Celim, and Siama Sebit. Esther Matadio has a business in selling bread and wants to expand her business. Lucia Aya is currently operating a business selling bread and charcoal and wants a loan to open a bar. Seidia Celim operates a business of selling selling cold drinks like soda, juice, etc. and wants to expand the business. Siama Sebit is currently in the business of selling bread and tea at a resturant and is requesting a loan to expand the business.

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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Jerry & Sue
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Journal entries for Sowra A 2002-1 Group

Loan has been disbursed Entrepreneur: Sowra A 2002-1 Group Location: Buluk, Juba, Southern, South Sudan Thank you for your loan. It has been disbursed to the Sowra A 2002-1 group, consisting of Rose Ahabang, Esther Matadio, Lucia Aya, Seida Celim, Siama Sebit by BRAC South Sudan in Sudan. We are excited to watch this business grow. Over the next 12 months, BRAC South Sudan will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Buluk, Juba, Southern, South Sudan Nov 19, 2008
Comment on this entry

"Rose Ahabang's Loan Update" Entrepreneur: Sowra A 2002-1 Group Location: Buluk, Juba, Southern, South Sudan Rose Ahabang used the loan for the expansion of her business by investing more of her profits in the business by buying more charcoal to resell. As a result of the loan, the impact of this loan to the borrower and borrowers family is that she was able to stock more charcoal and resells charcoal in whole sale compare to before in which she was selling in small quantity with small profits. In addition, the change to her profits are that the profits increased emmidiately after she changed from retail business to wholesale business where she sells charcoal in large quantities resulting also to large profits. In the future, the borrower wants to build a hotel and a lodge at the market premises.
Posted by BRAC Southern Sudan from Buluk, Juba, Southern, South Sudan Mar 13, 2009
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Repayment Schedule for Sowra A 2002-1 Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
February 2009	$106.25	$106.25	Repayment Received
March 2009	$106.25	$106.25	Repayment Received
April 2009	$106.25	$106.25	Repayment Received
May 2009	$106.25	$106.25	Repayment Received
June 2009	$106.25	$106.25	Repayment Received
July 2009	$106.25	$106.25	Repayment Received
August 2009	$106.25	$106.25	Repayment Received
September 2009	$106.25	$106.25	Repayment Received
October 2009	$106.25	$106.25	Repayment Received
November 2009	$106.25	$106.25	Repayment Received
December 2009	$106.25	$106.25	Repayment Received
January 2010	$106.25	Available Jan 1