Tamaraneh Ll Group

Status: Paid Back

$700.00		Loan Request
$700.00		Paid Back

About the Group

Group Name:	Tamaraneh Ll Group
Group Members:	Henry B. Conteh Issa Kamara
Location:	Magburaka, Tonkolili, Sierra Leone
Activity:	Construction Supplies

About the Loan

Loan Amount:	$700.00
Loan Use:	To purchase construction supplies to increase stock.
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 Field Partner

Field Partner:

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

Field Partner Risk Rating:

(Learn more)

Active

30 months

3721

$1,070,525

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:	2,900.0000 SLL = 1 USD

Issa Kamara is 40 years old and married with 5 children. He is the group leader and a Kiva client. With his previous loan, he built his capital and expanded his construction supply business. With this loan, he hopes to continue that expansion and increase his income.

The other member of the group, Henry Conteh, owns a pharmacy in Magburaka town and would like to expand his 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

Lenders to this group

STC
Redditch, Worcestershire
United Kingdom

Alfred
Lasberg, OOe
Austria

Peter

trunkt.org
New York, NY
United States

Susan
San Diego, CA (via Quebec/Ontario/Ohio),
United States

dantheurer
San Jose, CA
United States

Joycelyn
San Francisco, CA
United States

Anonymous
Seattle, WA
United States

Harry
Kensington, MD
United States

Marcia
Brooklyn, NY
United States

FIU Micro Lenders Corp
Miami, FL
United States

Jenni
Providence, RI
United States

Anonymous
Glencoe, IL
United States

Phones 4 Loans
Fort Collins, CO
United States

Cheryl
Cottage Grove, MN
United States

Molly
Deerfield, IL
United States

Linda

Tuppy
Mississauga, Ontario
Canada

grayson
chicago, IL
United States

Kristina & Michael
frisco, TX
United States

Journal entries for Tamaraneh Ll Group

Loan has been disbursed Entrepreneur: Tamaraneh Ll Group Location: Magburaka, Tonkolili, Sierra Leone Thank you for your loan. It has been disbursed to the Tamaraneh ll group, consisting of Issa Kamara, Henry B. Conteh 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 Tamaraneh II Entrepreneur: Tamaraneh Ll Group Location: Magburaka, Tonkolili, Sierra Leone Issa Kamara of the Tamaraneh II group is sending a lot of greetings and thanks to you for the supporting hand extended to his group. He is very please to inform you that your loan has helped a great deal in improving his business and standard of living. With the coming in of your loan, he furnished his stall with goods so that he would improve on sales. Issa can today provide better support to his children and extended family members, thanks to the Kiva loan he received from you. A similar success story can also be heard from Henry. He owes a pharmacy and with the loan, he bought many more drugs in order to quit crediting medicines for an exorbitant price. Now, sales are far better for Henry than days prior to the loan. They are both very grateful to you for the support and pray that the Lord continues sustaining and providing for you.
Posted by Ibrahim Oumarr Jalloh from Magburaka, Tonkolili, Sierra Leone Jul 15, 2009
Comment on this entry

Repayment Schedule for Tamaraneh Ll Group

Show Advanced

	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