Tanutsu Women's Group


Status: Paying Back

$675.00   Loan Amount
57% repaid

About the Group

Group Name: Tanutsu Women's Group
Group Members: Fanta Sesay
Aminata Kamara
Fullamusu Sesay
Hawa Kamara
Location: Makeni, Sierra Leone
Activity: Pharmacy

About the Loan

Loan Amount: $675.00
Loan Use: To further invest in her medicine sales business to improve her family's living standard
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 24, 2009
Date Disbursed: Jun 19, 2009
Date Funded:Jun 24, 2009

About the Country

Country:Sierra Leone
Avg Annual Income:$903.00
Currency:Sierra Leone Leones (SLL)
Exchange Rate:3,044.0000 SLL = 1 USD



Pictured here are Fanta Sesay, Aminata Kamara, Fullamusu Sesay and Hawa Kamara. They named their group the Tanutsu Women’s Association. These four women are requesting a loan in order to expand their businesses, earn better profits and consequently, improve their standard of living.

Fanta Sesay (pictured on the right) is the leader of this group. Fanta is now 35 years old and was born in Bo, in southern Sierra Leone. She is married to a driver and now have three children who are attending primary school. Fanta sells medicine and has been working in this business for four years now.




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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Journal entries for Tanutsu Women's Group


Loan has been disbursed
 
Entrepreneur: Tanutsu Women's Group
Location: Makeni, Sierra Leone

Thank you for your loan. It has been disbursed to Tanutsu Women's Group, consisting of Fanta Sesay, Aminata Kamara, Fullamusu Sesay, Hawa Kamara 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 7 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 Makeni, Sierra Leone
Jun 25, 2009
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Kiva Help Repayment Schedule for Tanutsu Women's Group

  Expected Repayments Actual Repayments Comments
September 2009 $96.43 $96.43 Repayment Received
October 2009 $96.43 $0.00 Repayment Received
November 2009 $96.43 $192.86 Repayment Received
December 2009 $96.43 $96.43 Repayment Received
January 2010 $96.43 Available Jan 1  
February 2010 $96.43 Available Feb 1  
March 2010 $96.42 Available Mar 1