Tawopaneh Ll Group


Status: Paid Back

$700.00   Loan Request
$700.00   Paid Back

About the Group

Group Name: Tawopaneh Ll Group
Group Members: Adama Fullah
Kadiatu Foday
Location: Magburaka, Tonkolili, Sierra Leone
Activity: Fish Selling

About the Loan

Loan Amount: $700.00
Loan Use: To purchase stock of fish.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 26, 2008
Date Disbursed: Jun 10, 2008
Date Funded:May 27, 2008
Loan Ended:Jul 15, 2009

About the Country

Country:Sierra Leone
Avg Annual Income:$903.00
Currency:Sierra Leone Leones (SLL)
Exchange Rate:2,900.0000 SLL = 1 USD



Kadiatu Foday is 42 years old and married with three children. She is the Tawopaneh group leader. She and Adama Fullah have been in the same savings and rotating club for two years and, as the loan size has grown bigger, they decided to guarantee each other's loan.


Kadiatu and Adama sell dry fish in Magburaka market. They would like to expand their businesses by becoming suppliers to the retailers in Magburaka town and the surrounding villages.


They are therefore requesting a loan of Le.2,000,000 ($US700) for that purpose.



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

Channing
Alexandria, VA
United States

banduki
Torrance, CA
United States

Carol
Novato, CA
United States

Lettie
Santa Clara, CA
United States

patricia&steve
discovery bay, CA
United States

Pedr0
Laguna Niguel, CA
United States

Ava
Severn, MD
United States

Anonymous
ALEXANDRIA, VA
United States

Amy
Wauwatosa, WI
United States

Jun & Viola
Fishers, IN
United States

Will
Arvada, CO
United States

Steve
Kelowna, BC
Canada

evbart
New York, NY
United States

Tracy
Vancouver, British Columbia
Canada

Anonymous
Ft Myers, FL
United States



Journal entries for Tawopaneh Ll Group


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

Thank you for your loan. It has been disbursed to the Tawopaneh ll group, consisting of Kadiatu Foday, Adama Fullah by CCF - Salone Microfinance Trust in Sierra Leone. We are excited to watch this business grow. Over the next 12 months, CCF - Salone Microfinance Trust will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Magburaka, Tonkolili, Sierra Leone
Jun 11, 2008
Comment on this entry

A Journal Update for Tawopaneh II
 
Entrepreneur: Tawopaneh Ll Group
Location: Magburaka, Tonkolili, Sierra Leone

Tawopaneh II is very grateful to you for the support rendered to them. These entrepreneurs have been making their monthly loan repayment with ease. They have now successfully repaid the loan, retaining with the principal. Out of the proceeds they make from their businesses, they look after themselves and children. Tawopaneh II thank you very much for developing their businesses.


Posted by Ibrahim Oumarr Jalloh from Magburaka, Tonkolili, Sierra Leone
Jul 17, 2009
Comments (1)

Kiva Help Repayment Schedule for Tawopaneh Ll Group

  Expected Repayments Actual Repayments Comments
September 2008 $58.33 $59.00 Repayment Received
October 2008 $58.33 $59.00 Repayment Received
November 2008 $58.33 $59.00 Repayment Received
December 2008 $58.33 $59.00 Repayment Received
January 2009 $58.33 $55.67 Repayment Received
February 2009 $58.33 $58.33 Repayment Received
March 2009 $58.33 $58.33 Repayment Received
April 2009 $58.33 $58.33 Repayment Received
May 2009 $58.33 $58.33 Repayment Received
June 2009 $58.33 $58.33 Repayment Received
July 2009 $58.33 $58.33 Repayment Received
August 2009 $58.37 $58.35 Repayment Received