Mayarie Conteh

Status: Paid Back

$350.00		Loan Request
$350.00		Paid Back

About the Entrepreneur

Name:	Mayarie Conteh
Location:	Kabala, Sierra Leone
Activity:	Farming

About the Loan

Loan Amount:	$350.00
Loan Use:	To expand her farming operation further by hiring labourers and purchasing additional fertilizer.
Repayment Term:	13 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Mar 26, 2008
Date Disbursed:	Apr 9, 2008
Date Funded:	Mar 26, 2008
Loan Ended:	Mar 16, 2009

About the Field Partner

Field Partner:

Salone Microfinance Trust (SMT), a partner of ChildFund International

Field Partner Risk Rating:

(Learn more)

Active

30 months

3734

$1,072,225

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Sierra Leone
Avg Annual Income:	$903.00
Currency:	Sierra Leone Leones (SLL)
Exchange Rate:	2,974.7350 SLL = 1 USD

Mayarie is 33 years old and is married with 5 children. Mayarie already received a loan from SMT and she used the loan proceeds to hire labour and to purchase rice seeds and fertilizer. Proudly, she claims that she harvested 15 bags of rice (i.e., 3 times as much as the 5 bags of rice she was harvesting before she received the loan from SMT). She is very happy and, even though she generates good income and her children have more food than before, she would still like to improve her farm. As such, Mayarie is seeking a loan of Le. 1,000,000 so that she can hire more labourers and purchase additional fertilizer.

Lenders to this entrepreneur

Edie
Nashville, TN
United States

Lumi

Germany

UST MicroCredit Program
Houston, TX
United States

Anne
Sydney, New South Wales
Australia

Jennifer
McKees Rocks, PA
United States

Jim & Suzy
Toluca Lake, CA
United States

Rohini
San Francisco, CA
United States

Cue

United States

Andrew
Boston, MA
United States

I.K.
Vancouver, British Columbia
Canada

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

Journal entries for Mayarie Conteh

Loan has been disbursed Entrepreneur: Mayarie Conteh Location: Kabala, Sierra Leone Thank you for your loan. It has been disbursed to Mayarie Conteh by CCF - Salone Microfinance Trust in Sierra Leone. We are excited to watch this business grow. Over the next 10 months, CCF - Salone Microfinance Trust will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Kabala, Sierra Leone Apr 10, 2008
Comment on this entry

A Journl Update For Mayerie Conteh Entrepreneur: Mayarie Conteh Location: Kabala, Sierra Leone Mayerie Conteh is sending greetings to you from her home village called Koromasilia. Your borrower used the loan to buy seeds such as cabbages, tomatoes, carrot etc. She also used part of the loan to buy fertilizers and paid labor. Out of the many crops she planted, Mayerie got a partial success only on the cabbages but for the rest of the crops, it was a bad harvest due to bad climatic conditions. Out of the little she got from the cabbage, she was able to assist herself and children and gradually repaid the loan. Mayerie thanks you a lot for the loan and she is calling on you to continue giving her your support. This new picture of Mayerie was taken at a newly inaugurated primary school in Koromasalia village. A school built for them by a Canadian lady called Betty. I hope you enjoyed your journal update. Thanks for lending to SMT clients. Please continue lending to our clients. To view SMT loans currently being funded on Kiva, please visit: http://partners.kiva.org/pa2/listBusinesses?status=fundRaising&partner_id=57 To view all SMT loans currently being paid back, please visit: http://partners.kiva.org/pa2/listBusinesses?status=payingBack&partner_id=57 Regards, Ibrahim O. Jalloh, SMT’s Kiva Coordinator. jamraray@gmail.com
Posted by Ibrahim Oumarr Jalloh from Kabala, Sierra Leone Feb 17, 2009
Comment on this entry

Repayment Schedule for Mayarie Conteh

Show Advanced

	Expected Repayments	Actual Repayments	Comments
July 2008	$35.00	$35.00	Repayment Received
August 2008	$35.00	$35.00	Repayment Received
September 2008	$35.00	$35.00	Repayment Received
October 2008	$35.00	$35.00	Repayment Received
November 2008	$35.00	$35.00	Repayment Received
December 2008	$35.00	$35.00	Repayment Received
January 2009	$35.00	$35.00	Repayment Received
February 2009	$35.00	$35.00	Repayment Received
March 2009	$35.00	$35.00	Repayment Received
April 2009	$35.00	$35.00	Repayment Received