Adimdin Group


Status: Paying Back

$550.00   Loan Amount
0% repaid

About the Group

Group Name: Adimdin Group
Group Members: Kadiatu Sesay
Adama Kamara
Fatu Sesay
Ramatu Turay
Location: Magburaka, Tonkolili, Sierra Leone
Activity: Retail

About the Loan

Loan Amount: $550.00
Loan Use: Invest in her business
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 27, 2009
Date Disbursed: Oct 20, 2009
Date Funded:Oct 27, 2009

About the Country

Country:Sierra Leone
Avg Annual Income:$903.00
Currency:Sierra Leone Leones (SLL)
Exchange Rate:3,755.0000 SLL = 1 USD



These people are Kadiatu Sesay, Adama Kamara, Fatu Sesay, and Ramatu Turay. They named their group 'Adimdin'. They are local entrepreneurs in Magburaka town in northern Sierra Leone. They are seeking a loan of SLL 500,000 each for the first time from Kiva Lenders through SMT. With the help of this loan, they will be able to improve their businesses, make more profit, and consequently improve their standard of living.



Kadiatu Sesay is the leader of this group. Kadiatu is age forty-two; she was born in Matham village about seven miles from Magburaka town in northern Sierra Leone. Kadiatu is married with five children, all of whom are attending secondary schools. Kadiatu sells cigarettes, matches, mints, and biscuits at her home in Magburaka town. She has been in this business for seven year 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


Subscribe

Lenders to this group

Gloria
Imperial, PA
United States

Connor
Boynton Beach, FL
United States

Jennifer
Langhorne, PA
United States

Debbie and Ric
Rochester, MN
United States

Peter T
El Cerrito, CA
United States

Valerie
Washington, NC
United States

Plugusin
cary, NC
United States

Hilde
Oslo,
Norway

Brian & Oksana
Honolulu, HI
United States

Hotel Adriark Book Club
Los Angeles, CA
United States

Tim
Picton, Marlborough
New Zealand

Michael
Brockenhurst, Hampshire
United Kingdom

Maj-Britt
Enskede, Stockholm
Sweden

3Katz
Boulder, CO
Norway

Peter
Bexhill,
United Kingdom

Anne
Wyncote, PA
United States

Julia
Wexford, PA
United States



Top Lending Teams for this group


UC Davis
Colleges/Universities
66 Members

Team Kids Care
Schools
3 Members

Kiwi Kiva
Local Area
8 Members

LOTUS: Lend Out To Uplift Self-sufficiency
Common Interest
664 Members

Journal entries for Adimdin Group


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

Thank you for your loan. It has been disbursed to Adimdin Group, consisting of Kadiatu Sesay, Adama Kamara, Fatu Sesay, Ramatu Turay by Salone Microfinance Trust (SMT), a partner of ChildFund International in Sierra Leone. We are excited to watch this business grow. Over the 8 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 28, 2009
Comment on this entry

Kiva Help Repayment Schedule for Adimdin Group

  Expected Repayments Actual Repayments Comments
January 2010 $68.75 Available Jan 1  
February 2010 $68.75 Available Feb 1  
March 2010 $68.75 Available Mar 1  
April 2010 $68.75 Available Apr 1  
May 2010 $68.75 Available May 1  
June 2010 $68.75 Available Jun 1  
July 2010 $68.75 Available Jul 1  
August 2010 $68.75 Available Aug 1