Women In Need Group


Status: Paid Back

$1,425.00   Loan Request
$1,425.00   Paid Back

About the Group

Group Name: Women In Need Group
Group Members: Isatu Kanu
Marie Tarawalie
Abiose Bangura
Abi Kalokoh
Sallay Conteh
Location: Makeni, Sierra Leone
Activity: Food Market

About the Loan

Loan Amount: $1,425.00
Loan Use: To purchase more inventory for their businesses
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 13, 2008
Date Disbursed: Jun 27, 2008
Date Funded:Jun 13, 2008
Loan Ended:May 15, 2009

About the Country

Country:Sierra Leone
Avg Annual Income:$903.00
Currency:Sierra Leone Leones (SLL)
Exchange Rate:2,855.0000 SLL = 1 USD



Salley Conteh is 37 years old and married with 6 children. Married to a police officer whose salary is insufficient to meet all the family's needs, Salley had to start a business to generate income for the family. She sells palm oil and produces tie-dye materials in the town of Makeni in Sierra Leone. With her previous loan, Salley was able to increase her income by 25%. This enabled her to meet her children's school requirements and other family expenses. Like Salley, the other group members are also engaged in food selling. The members would like to expand their businesses and are therefore requesting a loan of Le. 4,000,000 (Le. 800,000 for each entrepreneur).



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

Nick
London,
United Kingdom

Mary
Cincinnati, OH
United States

Terrence
Toronto, Ontario
Canada

Evelyn
Columbia, Ky
United States

Claudia
Gambier, OH
United States

meg
durham, NC
United States

Tom
Beverly Hills, MI
United States

Anonymous
Burnaby, BC
Canada

Jama Software
Portland, OR
United States

Anonymous
Ucluelet, British Columbia
Canada

Mitch Aase
Rockport, MA
United States

Anonymous
Los Angeles, CA
United States

Robert
Calgary, Alberta
Canada

Michael
Eugene, OR
United States

Harvey
Lubbock, TX
United States

Diane
Minneapolis, MN
United States

Rolf
Diepoldsau,
Switzerland

Colin & Jeanette
Somerville, MA
United States

Bennett
Toronto, Ontario
Canada

Mari & Emil
Sterling, CO
United States

Julie
San Jose, CA
United States

James
Eugene, OR
United States

Volker
Leopoldshöhe,
Germany

Todd
San Francisco, CA
United States

Jen

Paul Kristian
Oslo,
Norway

Marie
seaford, Victoria
Australia

susan
Brooklyn, NY
United States

Sarah
St. Helier, Jersey, Channel Islands
United Kingdom

Mark
Oconomowoc, WI
United States

Bob
Redwood City, CA
United States

Thomas
San Francisco, CA
United States

Ken
Gråbo,
Sweden

Anonymous

Anonymous
Surrey, British Columbia
Canada

Marcie
Frisco, TX
United States

Kristina
Boulder, CO
United States

Anonymous
Kambah, Australian Capital Territory
Australia

Linda
BUNBURY, Western Australia
Australia

Anonymous

Christopher
Calgary, Alberta
Canada

Steve
Antioch, CA
United States

janet
Victoria, British Columbia
Canada

Vicki
Milpitas, CA
United States

margie
westlock, Alberta
Canada

Nicholas
New York, NY
United States

Tony
San Jose, CA
United States



Journal entries for Women In Need Group


Loan has been disbursed
 
Entrepreneur: Women In Need Group
Location: Makeni, Sierra Leone

Thank you for your loan. It has been disbursed to the Women in Need group, consisting of Sallay Conteh, Abi Kalokoh, Abiose Bangura, Marie Tarawalie, Isatu Kanu by Salone Microfinance Trust (SMT), a partner of Christian Children's Fund in Sierra Leone. We are excited to watch this business grow. Over the next 10 months, Salone Microfinance Trust (SMT), a partner of Christian Children's Fund will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Makeni, Sierra Leone
Jun 28, 2008
Comment on this entry

A Journal Update for Women in Need
 
Entrepreneur: Women In Need Group
Location: Makeni, Sierra Leone

Greetings are coming to you from Sallay Conteh, leader of Women in Need group. Sallay is very please to inform their lenders that the loan made a very big and significant boost in their businesses. With the help of the loan, their businesses expanded both in terms of quality and quantity. Thus sales improve for the entrepreneurs, and they were thus able to provide better services to their children – feeding, paying their school fees, clothing them and meeting most of their financial challenges. Sallay sends a lot of thanks to you for the helping hand rendered to her and members of her group.

SMT too says THANK YOU for supporting our client. Please continue giving out your support to our clients. To see if SMT has loans in need of funding by Kiva lenders, please copy and paste the following link: http://www.kiva.org/app.php?page=businesses&partner_id=57&status=fundRaising&sortBy=New+to+Old

The following gives all our loans: http://www.kiva.org/app.php?page=businesses&partner_id=57&status=All&sortBy=New+to+Old

Regards,

Ibrahim O. Jalloh,

SMT/ Kiva Coordinator

jamraray@gmail.com


Posted by Ibrahim Oumarr Jalloh from Makeni, Sierra Leone
May 21, 2009
Comment on this entry

Kiva Help Repayment Schedule for Women In Need Group

  Expected Repayments Actual Repayments Comments
September 2008 $142.50 $143.00 Repayment Received
October 2008 $142.50 $143.00 Repayment Received
November 2008 $142.50 $143.00 Repayment Received
December 2008 $142.50 $141.00 Repayment Received
January 2009 $142.50 $142.50 Repayment Received
February 2009 $142.50 $142.50 Repayment Received
March 2009 $142.50 $142.50 Repayment Received
April 2009 $142.50 $142.50 Repayment Received
May 2009 $142.50 $142.50 Repayment Received
June 2009 $142.50 $142.50 Repayment Received