Ahmadiyya Primary School,magburaka Group


Status: Paying Back

$1,775.00   Loan Amount
70% repaid

About the Group

Group Name: Ahmadiyya Primary School,magburaka Group
Group Members: Abdul K. Kanu
Samuel Campbell (not pictured)
Abdul K. Sankoh
Alusine B. Conteh
Abu Dumbuya
Fatmata M. Kamara
Alice V. Kamara
Aminata Tarawalie
Musa Bangura
Location: Magburaka, Tonkolili, Sierra Leone
Activity: Clothing Sales

About the Loan

Loan Amount: $1,775.00
Loan Use: Invest in business
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 12, 2009
Date Disbursed: Mar 6, 2009
Date Funded:Mar 13, 2009

About the Country

Country:Sierra Leone
Avg Annual Income:$903.00
Currency:Sierra Leone Leones (SLL)
Exchange Rate:3,102.0000 SLL = 1 USD



These are teachers at the Ahmadiyya Primary School, Magburaka. It was built by the Ahmadiyya Mission to propagate the faith and provide education to the people of Magburaka. It has a total of sixteen staff members and 400 pupils.



Ahmadiyya Primary School makes good grades every academic year at the National Primary School Examination (BECE). The school has been able to send many pupils to secondary schools every year.



Since teachers usually receive very meager salaries, many teachers find alternative means of making a living. Some engage in businesses or agriculture, and others organize extra classes for the pupils (though that is a practice the government is trying to abolish). Teachers therefore seek a loan in order to embark on meaningful projects and then out of their salaries, they gradually repay the loan.



Abdul K. Kanu (middle – first row) is the Head Teacher of this school. He was born in Magburaka and is married with four children. Abdul will invest this loan in 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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Lenders to this group

Howard & Jillian
Vence,
France

Sylvia Merlyn
Oslo,
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Cara
San Francisco, CA
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Guido
Z,
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Terry
KivaFriends.org , St. Louis, MO
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Marylou
Portland, OR
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Amy's mom
KivaFriends.org, Midwest
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Rodney & Fifi
San Francisco, CA
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Shree
LOTUS Team, Bay Area, CA
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Dcengr
Santa Barbara, CA
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Jennifer
Sterling, VA
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Anonymous
Chandler, AZ
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Jemima
Kenmore, WA
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Monique
Kalamunda, Western Australia
Australia

festival
Montreal, Quebec
Canada

Rick
Tyler, TX
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Geoff

Christmas Island

Anonymous
Quakertown, PA
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Hiroshi
,  - Nara
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Michael
Palo Alto, CA
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Judith
St. Peter, MN
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Chad
Mililani, HI
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Amber
Hillsboro, OR
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Johnston Heights Sec
Surrey, British Columbia
Canada

Joan
Atlanta, GA
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Pete
Philadelphia, PA
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steve roh
philadelphia, pa
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Anonymous
Tennessee
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Miqlos
Groningen, Gr,
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Change Microfund Inc.
Orlando, FL
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Anonymous
Santa Rosa, CA
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Christopher
Salem, OR
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Holli
bellevue, WA
United States

Athanasios
Athens, Voula
Greece

Linda
Cambridge, MA
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Sally
Dallas, TX
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Huynh Phuc
Regensburg,
Germany

Aisha
London, England
United Kingdom

Anonymous
Toronto, Ontario
Canada

Heather
Medford, NJ
United States

David C.
Syosset, NY
United States

Chaya
Winnipeg, Manitoba
Canada

Tom
Ashland, OH
United States

Susan
Orpington, London
United Kingdom

Sacha
Toronto, Ontario
Canada

caroline
Bellevue, Geneva
Switzerland



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Journal entries for Ahmadiyya Primary School,magburaka Group


Loan has been disbursed
 
Entrepreneur: Ahmadiyya Primary School,magburaka Group
Location: Magburaka, Tonkolili, Sierra Leone

Thank you for your loan. It has been disbursed to Ahmadiyya Primary School,Magburaka Group, consisting of Abdul K. Kanu, Samuel Campbell, Abdul K. Sankoh, Alusine B. Conteh, Abu Dumbuya, Fatmata M. Kamara, Alice V. Kamara, Aminata Tarawalie, Musa Bangura 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 10 months of this loan, 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 Magburaka, Tonkolili, Sierra Leone
Mar 14, 2009
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Kiva Help Repayment Schedule for Ahmadiyya Primary School,magburaka Group

  Expected Repayments Actual Repayments Comments
June 2009 $177.50 $177.50 Repayment Received
July 2009 $177.50 $44.38 Repayment Received
August 2009 $177.50 $221.88 Repayment Received
September 2009 $177.50 $266.24 Repayment Received
October 2009 $177.50 $0.00 Repayment Received
November 2009 $177.50 $355.00 Repayment Received
December 2009 $177.50 $177.50 Repayment Received
January 2010 $177.50 Available Jan 1  
February 2010 $177.50 Available Feb 1  
March 2010 $177.50 Available Mar 1