Ta Malaneh Enterprise Group


Status: Paying Back

$1,600.00   Loan Amount
40% repaid

About the Group

Group Name: Ta Malaneh Enterprise Group
Group Members: Kadiatu Thoronka
Amie Father
Salamatu B. Kalokoh
Memunatu Koroma
Kadiatu Koroma
Location: Magburaka, Tonkolili, Sierra Leone
Activity: Food Market

About the Loan

Loan Amount: $1,600.00
Loan Use: Invest in her palm-oil business
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 9, 2009
Date Disbursed: Jun 2, 2009
Date Funded:Jun 10, 2009

About the Country

Country:Sierra Leone
Avg Annual Income:$903.00
Currency:Sierra Leone Leones (SLL)
Exchange Rate:3,165.0000 SLL = 1 USD



This is a group containing Kadiatu Thoronka, Amie Father, Sallamatu B. Kalokoh, Kadiatu Koroma, and Memunatu Koroma. They are local entrepreneurs in Magburaka town. They named their group Ta Malaneh, which is a Temne phrase meaning, “Let’s embrace each other.” This is not the first loan these entrepreneurs have receivedfrom SMT/Kiva. Previous loans have been of great help to these women. They were able to repay their loans on time and in full, while also feeding their children, paying school fees, and saving some money for unforeseen situations. Having repaid their last loan successfully, they are now requesting a new loan of SLL 1,000,000, for each person, to further strengthen their businesses.

Kadiatu Thoronka (second from right) is the leader of the group. Kadiatu is forty-eight years of age. She is married with five children. Three of her children are already adults, and two are still in school. Kadiatu sells palm-oil (the most popular cooking oil) and has been in business for over twenty-five years.



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

Cody
Brooklyn, NY
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Jens Damsgaard Vånar
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Anonymous
Knoxville, TN
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Jim
Campbell, CA
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William
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Kristin
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The Moyer Family
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Jeffrey & Christine
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Anonymous
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Margaret
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Maryrose
Oakland, CA
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Don
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Jeff
Norfolk, VA
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hideaki-k
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Laura
Richmond Hill, Ontario
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Michaela
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sherri
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sekimonryu
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Johannah
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January and Jeremy
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Susan
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Terry, Grace and Family
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Anonymous
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Consensus Foundation
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Antoinette
London, London
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Frankie
Norcross, GA
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Matthew
Torrance, CA
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Charlene
New York, NY
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Sarah
Merrionette Park, IL
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thor
fevik, fevik
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Renee
Richland, MI
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William
Washington, DC
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Ruth
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Patricia
Los Angeles, CA
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Blake
Santa Monica, CA
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Seline
Raleigh, NC
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Hany
Downsville, LA
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Gail
Oshkosh, WI
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Anonymous
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Patty&Paul
Portland, Oregon
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Rich & Carol
Manning, SC
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Jerilynn
concord, CA
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Jacques & Suzanne
ottawa, Ontario
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Shannon
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Gary
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Kate
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Journal entries for Ta Malaneh Enterprise Group


Loan has been disbursed
 
Entrepreneur: Ta Malaneh Enterprise Group
Location: Magburaka, Tonkolili, Sierra Leone

Thank you for your loan. It has been disbursed to Ta Malaneh Enterprise Group, consisting of Kadiatu Thoronka, Amie Father, Salamatu B. Kalokoh, Memunatu Koroma, Kadiatu Koroma 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
Jun 11, 2009
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Kiva Help Repayment Schedule for Ta Malaneh Enterprise Group

  Expected Repayments Actual Repayments Comments
September 2009 $160.00 $160.00 Repayment Received
October 2009 $160.00 $160.00 Repayment Received
November 2009 $160.00 $160.00 Repayment Received
December 2009 $160.00 $160.00 Repayment Received
January 2010 $160.00 Available Jan 1  
February 2010 $160.00 Available Feb 1  
March 2010 $160.00 Available Mar 1  
April 2010 $160.00 Available Apr 1  
May 2010 $160.00 Available May 1  
June 2010 $160.00 Available Jun 1