Malap Group


Status: Paying Back

$1,700.00   Loan Amount
10% repaid

About the Group

Group Name: Malap Group
Group Members: Adama Kamara
Sallay Kargbo
Fatmata Kalokoh
Rugiatu Kanu
Sallay Kabba
Location: Makeni, Sierra Leone
Activity: Food Market

About the Loan

Loan Amount: $1,700.00
Loan Use: Invest in her business
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 18, 2009
Date Disbursed: Sep 9, 2009
Date Funded:Sep 27, 2009

About the Country

Country:Sierra Leone
Avg Annual Income:$903.00
Currency:Sierra Leone Leones (SLL)
Exchange Rate:3,557.0000 SLL = 1 USD



This is Adama Kamara, Sallay Kargbo, Fatmata Kalokoh, Rugiatu Kanu and Sallay Kabba . They named their group Malap. These entrepreneurs have gained access to several loans from SMT/Kiva. Previous loans have had meaningful impacts into the lives of these entrepreneurs. The last loan they received from Kiva through SMT was for Le 1,000,000.00 each. Having successfully repaid that loan, they are now requesting a new loan of Le 1,200,000.00 for each to enable them further strengthen their businesses.

Adama Kamara (in the middle) is the leader of this group. Adama is thirty-three years of age. She was born in a village called M’Boleh, about four miles from Makeni City, in northern Sierra Leone. She is married to a carpenter and they have six children who are attending schools. Adama sells market food -- rice, palm-oil (the most popular cooking oil), vegetable oil. She also sells cigarettes, soft and hard drinks and clothes. With this loan, she will expand her business by buying more items to add to her current stock of goods. Adama has been in this business for more than twelve 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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Lenders to this group

Theresa & Allen
Rockville, MD
United States

neddotcom
worldwide, OR
United States

Sergio
Bernex,
Switzerland

Vic
Chico, CA
United States

Brian
Midhurst, Ontario
Canada

Neil Desai Foundation
London, London
United Kingdom

Barrie Medical Clinic
Barrie, Ontario
Canada

Nicole & Hiren
www.kivafriends.org, Ohio
United States

Sarah
Boulder, CO
United States

festival
Montreal, Quebec
Canada

Mog
Kawasaki,
Japan

Anette
Halden, Norway
Norway

Anonymous

Kidan & Scott
San Francisco, CA
United States

AJBP
Louisville, CO
United States

Katherine
Weston, FL
United States

Beth
Ben Lomond, CA
United States

Diederik & Laura
Beek Ubbergen, Gelderland
Netherlands

Reggie
Lawrenceville, GA
United States

Mike
Gerlingen,
Germany

Karen
San Francisco, CA
United States

Anonymous
Westbrook, CT
United States

Jeroen
Boskoop,
Netherlands

Venkat
Princeton Jn., NJ
United States

ethan g.
culver city, CA
United States

Klaus
Copenhagen S, Denmark
Denmark

sarah
New York, NY
United States

Justin
Crowborough, East Sussex
United Kingdom

Maggie
Asheville, NC
United States

Thomas
Austin, TX
United States

Susanne
Lebanon, PA
United States

Troy
Chandler, AZ
United States

Terry
Chula Vista, CA
United States

Ted
Cambridge, .
United Kingdom

Dirk
San Francisco, CA
United States

Nathan
New York, NY
United States

Karen
Bloomfield, NJ
United States

Glenn
London,
United Kingdom

Paul
state college, pennsylvania
United States

Anonymous
Pittsburgh, PA
United States

Anonymous
Gulf Shores, AL
United States

michael
petaluma, CA
United States

Celine
VINCENNES,
France

Fiona
Auckland, Auckland City
New Zealand

Patty
Woodbridge, VA
United States

Chandra
Greenwich, CT
United States

C.O. Shaw&Family
Alamogordo, NM
United States

Lance
Media, PA
United States

quest
Sault Ste. Marie, Ontario
Canada

Amit
San Francisco, CA
United States

James Robinson
Darlinghurst, New South Wales
Australia

Anonymous
N. Andover, MA
United States

James
Calgary, Alberta
Canada



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Journal entries for Malap Group


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

Thank you for your loan. It has been disbursed to Malap Group, consisting of Adama Kamara, Sallay Kargbo, Fatmata Kalokoh, Rugiatu Kanu, Sallay Kabba by Salone Microfinance Trust (SMT), a partner of ChildFund International 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 ChildFund International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Makeni, Sierra Leone
Sep 28, 2009
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Kiva Help Repayment Schedule for Malap Group

  Expected Repayments Actual Repayments Comments
December 2009 $170.00 $170.00 Repayment Received
January 2010 $170.00 Available Jan 1  
February 2010 $170.00 Available Feb 1  
March 2010 $170.00 Available Mar 1  
April 2010 $170.00 Available Apr 1  
May 2010 $170.00 Available May 1  
June 2010 $170.00 Available Jun 1  
July 2010 $170.00 Available Jul 1  
August 2010 $170.00 Available Aug 1  
September 2010 $170.00 Available Sep 1