Wale Kafisa Ii Group


Status: Refunded

$1,600.00   Loan Request

About the Group

Group Name: Wale Kafisa Ii Group
Group Members: Ramatu Sesay
Saio Turay
Aminata Sesay
Kainday Mansaray
Aminata Kamara
Memunah Kamara
Location: Heremakono, Koinadugu, Sierra Leone
Activity: Farming

About the Loan

Loan Amount: $1,600.00
Loan Use: Buy seeds for planting
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 1, 2009
Date Disbursed: Jul 20, 2009
Date Funded:Jul 7, 2009
Refund Date:Jul 8, 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



Here are Ramatu Sesay, Saio Turay, Aminata Sesay, Kainday Mansaray, Aminata Koroma and Memunah Kamara. They named their group Wale Kafisa II. They are residents and small-scale businesswomen in the village of Heremakono, about ten miles from Kabala, Sierra Leone. They are seeking a loan of Le 800,000 for each woman to help them improve their businesses, both in size and in quality.

Ramatu Sesay (left) is the leader of this group. Ramatu was born in Heremakono Village thirty-one years ago. She is married to a farmer and they have two children. Ramatu is a farmer; she has been a farmer for twelve years. Fatmata will use her loan to buy seeds and pay for labor. Ramatu plants rice, sweet peppers, and cabbages. The loan will help her to expand her farm and, consequently, improve her standard of living.






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

Laurent D
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Jason
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Zeynep
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GAfC UBC
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Harold
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Dexter
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Thomas
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Anny
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Saul
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Mike Tracey Nathan & Tim
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Kevin
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David
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fMh bloggers
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richard
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joan
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Michael
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Sharon
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emily
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Gunn & Jan
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Heidi
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Curt
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Leslie
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Marcus
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Alison
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Chrissy
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Sanborn
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Anni
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Sarah
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Ulrike
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Julie
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Arilotta
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Terry
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Tasha
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john mark
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Journal entries for Wale Kafisa Ii Group


Loan Refunded
 
Entrepreneur: Wale Kafisa Ii Group
Location: Heremakono, Koinadugu, Sierra Leone

This loan has been refunded for the following reason:

This loan was accidentally posted twice on Kiva's platform. We apologize for the error.


Posted by Stephanie Koczela, Kiva Staff, from San Francisco, United States
Jul 8, 2009
Comment on this entry

Kiva Help Repayment Schedule for Wale Kafisa Ii Group

  Expected Repayments Actual Repayments Comments
October 2009 $160.00 $0.00  
November 2009 $160.00 $0.00  
December 2009 $160.00 Available Dec 1  
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  
July 2010 $160.00 Available Jul 1