Grace Poni


Status: Paying Back

$900.00   Loan Amount
73% repaid

About the Entrepreneur

Name: Grace Poni
Location: Gudele, South Sudan
Activity: Pharmacy

About the Loan

Loan Amount: $900.00
Loan Use: To expand her pharmaceutical business.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 17, 2009
Date Disbursed: Feb 2, 2009
Date Funded:Feb 18, 2009

About the Country

Country:South Sudan
Avg Annual Income:$600.00
Currency:Sudan Pounds (SDG)
Exchange Rate:2.2258 SDG = 1 USD



Grace Poni is currently in the business of selling drugs at the pharmacy. Grace is twenty years old and a widow. She has one child, who is in school. With the extra capital from her loan, she hopes to be able to expand the business.



BRAC's holistic approach to poverty alleviation and empowerment of the poor encompasses a range of core programs in economic and social development, health, education, and human rights and legal services which are delivered through an extensive network of village organizations. BRAC has become one of the world's largest NGOs as a measured by the scale and diversity of its interventions. In 2007, BRAC started operations in Southern Sudan. The microfinance program, which is targeted towards returning war refugees, has already formed 418 village organizations with more than 14,000 women members.





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Journal entries for Grace Poni


Loan has been disbursed
 
Entrepreneur: Grace Poni
Location: Gudele, South Sudan

Thank you for your loan. It has been disbursed to Grace Poni by BRAC South Sudan in Sudan. We are excited to watch this business grow. Over the 11 months of this loan, BRAC South Sudan will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Gudele, South Sudan
Feb 19, 2009
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Kiva Help Repayment Schedule for Grace Poni

  Expected Repayments Actual Repayments Comments
April 2009 $51.93 $51.93 Repayment Received
May 2009 $86.55 $86.55 Repayment Received
June 2009 $69.24 $69.20 Repayment Received
July 2009 $69.24 $69.24 Repayment Received
August 2009 $86.55 $86.55 Repayment Received
September 2009 $69.24 $69.28 Repayment Received
October 2009 $86.55 $86.55 Repayment Received
November 2009 $69.24 $69.24 Repayment Received
December 2009 $69.24 $69.24 Repayment Received
January 2010 $86.55 Available Jan 1  
February 2010 $69.24 Available Feb 1  
March 2010 $69.24 Available Mar 1  
April 2010 $17.19 Available Apr 1