Groundnut Sellers Group
Status: Paying Back
| $700.00 | Loan Amount |
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14% repaid
About the Group
| Group Name: | Groundnut Sellers Group |
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| Group Members: |
Fatu Sankoh Fatmata Gbla Adamsay Kamara Aminata Kamara Memunatu Kalokoh |
| Location: | Magburaka, Tonkolili, Sierra Leone |
| Activity: | Food Market |
About the Loan
| Loan Amount: | $700.00 |
|---|---|
| Loan Use: | Invest in her business |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Sep 28, 2009 |
| Date Disbursed: | Sep 18, 2009 |
| Date Funded: | Sep 29, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Salone Microfinance Trust (SMT), a partner of ChildFund International |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 30 months |
| Kiva Entrepreneurs: | 3763 |
| Total Loans: | $1,076,900 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Sierra Leone |
|---|---|
| Avg Annual Income: | $903.00 |
| Currency: | Sierra Leone Leones (SLL) |
| Exchange Rate: | 3,597.8000 SLL = 1 USD |
This is Fatu Sankoh, Fatmata Gbla, Adamsay Kanu, Animata Kamara and Memunatu Kalokoh. They are local entrepreneurs in Magburaka town. They named their group Groundnut sellers. This is the first loan these entrepreneurs are accessing from SMT/Kiva. With the help of this loan, they will be able to make enough profit to repay the loan, feed their children, pay their school fees and save some money for unforeseen situations.
Fatu Sankoh (left) is the leader of the group. Fatu is approximately 39 years of age. She is married to a driver and they have three children who are attending primary and Junior Secondary Schools. Fatu sells market food: palm-oil (the most popular cooking oil), rice, margi (used to give sauce a sweet taste), groundnuts/peanuts, tomatoes, etc. Fatu has 15 years of experience in business.
(Attached below left is a group member who was not present for a group snapshot).
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
Fatu Sankoh (left) is the leader of the group. Fatu is approximately 39 years of age. She is married to a driver and they have three children who are attending primary and Junior Secondary Schools. Fatu sells market food: palm-oil (the most popular cooking oil), rice, margi (used to give sauce a sweet taste), groundnuts/peanuts, tomatoes, etc. Fatu has 15 years of experience in business.
(Attached below left is a group member who was not present for a group snapshot).
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
Stefan
Berlin,
Germany
howard and maureen
pinole, CA
United States
Mathieu
London,
United Kingdom
Martin
Helsinki, Finland
Finland
Michael
Asheville, NC
United States
Kathryn
State College, PA
United States
Nancy
Miami, FL
United States
shyam
copenhagen, frb
Denmark
Eric
North Little Rock, AR
United States
Nancy
Lancaster, PA
United States
Brian
Oakland, CA
United States
Bob
Gainesville, FL
United States
Andrea
Woodbury, MN
United States
Jennifer
Mission, KS
United States
Diana
Chicago, IL
United States
Brigitte
Milano, MI
Italy
Martina
Hofheim,
Germany
Paul
burlingame, CA
United States
Tariq
Rochester, NY
United States
Sarah
Pittsburgh, PA
United States
Top Lending Teams for this group
Journal entries for Groundnut Sellers Group
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Loan has been disbursed
Location: Magburaka, Tonkolili, Sierra Leone
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Posted by
from Magburaka, Tonkolili, Sierra Leone
Sep 30, 2009 |
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Comment on this entry
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Repayment Schedule for Groundnut Sellers Group
Repayment Schedule for Groundnut Sellers Group
| Expected Repayments | Actual Repayments | Comments | |||
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| December 2009 | $100.00 | $100.00 |  Repayment Received
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| January 2010 | $100.00 | Available Jan 1 | |||
| February 2010 | $100.00 | Available Feb 1 | |||
| March 2010 | $100.00 | Available Mar 1 | |||
| April 2010 | $100.00 | Available Apr 1 | |||
| May 2010 | $100.00 | Available May 1 | |||
| June 2010 | $100.00 | Available Jun 1 | |||
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