Pan Sellers Group


Status: Paying Back

$925.00   Loan Amount
11% repaid

About the Group

Group Name: Pan Sellers Group
Group Members: Kadiatu Conteh
Mariatu Conteh
Marie Conteh
Fatmata Fornah
Location: Magburaka, Tonkolili, Sierra Leone
Activity: Home Products Sales

About the Loan

Loan Amount: $925.00
Loan Use: To invest in her business
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 1, 2009
Date Disbursed: Sep 18, 2009
Date Funded:Oct 4, 2009

About the Country

Country:Sierra Leone
Avg Annual Income:$903.00
Currency:Sierra Leone Leones (SLL)
Exchange Rate:3,550.0000 SLL = 1 USD



Here are members of the Pan Sellers group. They are local entrepreneurs in the town of Magburaka in northern Sierra Leone. These women have accessed previous loans from Kiva lenders through SMT. With those loans, they were able to improve their businesses, make better sales and consequently improve their standard of living.

The leader of this group, shown on the left, is Kadiatu Conteh. She was born in Magburaka town about fifty years ago. She is married to a businessman and they have four children.

Kadiatu sells dishes, spoons, cups and buckets in Magburaka town and has been doing this business for many years now. With the help of this loan, Kadiatu will be able to improve her business.




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

Valentina
Charlotte, NC
United States

Soren
Herning, DK
Denmark

Mickey
Seattle, WA
United States

Kay
Tallahassee, FL
United States

Anonymous
farmington, CT
United States

Joan
Victoria, BC
Canada

Sharon & Mark
Plymouth, MN
United States

Richard
Stuttgart, Baden Wurttemberg
Germany

Peter
Hjorring, Denmark
Denmark

Mary
San Francisco, CA
United States

Trudi
Wellington, FL
United States

Reesie
Bolinas, CA
United States

Armando
New York, NY
United States

Peter
Baden,
Austria

Natalie
Belmont, MA
United States

Lai San
NY
United States

Elisabeth
London,
United Kingdom

Leopold
St.Peter/Au,
Austria

David
Brooklyn, NY
United States

Anonymous
Helsinki,
Finland

Anonymous
Newton, MA
United States

Susan
Ogden, UT
United States

Christopher
Indianapolis, IN
United States

Christopher D.
Williamsburg, VA
United States

Lawrence Chan
Hong Kong,
Hong Kong

Louise
Mosman Park South, Western Australia
Australia



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Journal entries for Pan Sellers Group


Loan has been disbursed
 
Entrepreneur: Pan Sellers Group
Location: Magburaka, Tonkolili, Sierra Leone

Thank you for your loan. It has been disbursed to Pan Sellers Group, consisting of Kadiatu Conteh, Mariatu Conteh, Marie Conteh, Fatmata Fornah 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 Magburaka, Tonkolili, Sierra Leone
Oct 5, 2009
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Kiva Help Repayment Schedule for Pan Sellers Group

  Expected Repayments Actual Repayments Comments
December 2009 $102.78 $102.78 Repayment Received
January 2010 $102.78 Available Jan 1  
February 2010 $102.77 Available Feb 1  
March 2010 $102.78 Available Mar 1  
April 2010 $102.78 Available Apr 1  
May 2010 $102.78 Available May 1  
June 2010 $102.77 Available Jun 1  
July 2010 $102.78 Available Jul 1  
August 2010 $102.78 Available Aug 1