Tamansane Group


Status: Paying Back

$800.00   Loan Amount
22% repaid

About the Group

Group Name: Tamansane Group
Group Members: Samuel I. Koroma
Augusta Kanu
Nanah Koroma
Location: Makeni, Sierra Leone
Activity: Photography

About the Loan

Loan Amount: $800.00
Loan Use: To invest in his business
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 20, 2009
Date Disbursed: Aug 13, 2009
Date Funded:Aug 22, 2009

About the Country

Country:Sierra Leone
Avg Annual Income:$903.00
Currency:Sierra Leone Leones (SLL)
Exchange Rate:3,400.0000 SLL = 1 USD



This is Samuel I. Koroma, Augusta Kanu and Nanah Koroma, who named their group Tamansane. This is not the first loan these entrepreneurs are accessing from SMT/Kiva. With the help of previous loans, they were able to expand their businesses. However, having repaid their last loan successfully, they are again requesting a new loan of Le 900,000 each to help them further improve their businesses.

Samuel I. Koroma (middle) is the leader of this group. Samuel is a photographer. With this loan, he will buy two cartons of film and sell to colleagues at the studio. A carton of film cost Le 400,000 in Freetown.

Samuel was born in Makeni city, thirty-four years ago. He is married to a businesswoman and they have five children. Samuel’s children are still young and are attending primary schools.




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 Tamansane Group


Loan has been disbursed
 
Entrepreneur: Tamansane Group
Location: Makeni, Sierra Leone

Thank you for your loan. It has been disbursed to Tamansane Group, consisting of Samuel I. Koroma, Augusta Kanu, Nanah Koroma by Salone Microfinance Trust (SMT), a partner of ChildFund International in Sierra Leone. We are excited to watch this business grow. Over the 9 months of this loan, Salone Microfinance Trust (SMT), a partner of ChildFund International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Makeni, Sierra Leone
Aug 23, 2009
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Kiva Help Repayment Schedule for Tamansane Group

  Expected Repayments Actual Repayments Comments
November 2009 $88.89 $88.89 Repayment Received
December 2009 $88.89 $88.89 Repayment Received
January 2010 $88.89 Available Jan 1  
February 2010 $88.89 Available Feb 1  
March 2010 $88.88 Available Mar 1  
April 2010 $88.89 Available Apr 1  
May 2010 $88.89 Available May 1  
June 2010 $88.89 Available Jun 1  
July 2010 $88.89 Available Jul 1