Life in Africa - USA: G - MicroSuccess
Subsections
Actions
Copied/pasted from the Q1 2008 interim WE Network agreement:
During the Q1 2008 interim period which this agreement covers, LiA Kireka and LiA Gulu will endeavor to collect all outstanding micro-loans from members for the purpose of:
- Both CBOs repaying to Life in Africa Foundation the full outstanding portfolio of Kiva loans remaining, by no later than 31 March 2008.
- LiA Kireka repaying all borrowed Onet group loan funds to LiA Gulu no later than 31 March 2008
- LiA Gulu converting previously donated Omidyar.net loan funds to Loan Guarantee Funds on deposit with Life in Africa Foundation, as prescribed for CBO member participation in the MicroSuccess Community Loan Guarantee program detailed at http://lifeinafrica.com/programs /microsuccess.htm
- Both CBOs preparing members for Q2-2008 enrollment in the MicroSuccess credit rating and guarantee system detailed in draft form at http://lifeinafrica.com/programs /microsuccess.htm, at levels appropriate to each borrower's history to date.
Page name: G - MicroSuccess
Last editor: Christina Jordan (158)
Date: Mon, 04 Feb 2008 12:36:34 PST
Feedback score: 0