Gbombaya Group

Status: Paid Back

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

About the Group

Group Name:	Gbombaya Group
Group Members:	Mabinty Mansaray Rosaline Kanu Kadiatu Bangura Magret Dumbuya Marie Fonah
Location:	Makeni, Sierra Leone
Activity:	Food Market

About the Loan

Loan Amount:	$1,425.00
Loan Use:	To purchase food stuffs, materials for tie dye production, etc.
Repayment Term:	12 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Jun 13, 2008
Date Disbursed:	Jun 28, 2008
Date Funded:	Jun 14, 2008
Loan Ended:	May 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

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:	2,855.0000 SLL = 1 USD

Marie Fonah, 40 years old and married with five children, is the Gbombaya group leader; this group has accessed loans from SMT twice previously. Marie sells rice, palm oil and peanut butter and would like to expand her business to earn more income. The other group members also plan to diversify their businesses and therefore are requesting a loan of $1,425.

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

Elizabeth
Somerville, MA
United States

Larry, Verona, and Noa
Vancouver, WA
United States

Kapahua
Huntington Beach, CA
United States

Yvonne in Scotland
St Andrews, Fife
United Kingdom

Enzo
San Gregorio nelle Alpi, Belluno
Italy

Chris
Melbourne, Victoria
Australia

Gabriele and Michael
Berlin,
Germany

Fedor
Las Palmas de Gran Canaria, Las Palmas
Spain

Christopher
London,
United Kingdom

Rickey
Aloha, OR
United States

Edie
Chinook, WA
United States

Jeroen
Amerongen,
Netherlands

Anonymous
Centennial, CO
United States

Frank

Belgium

dhasa
BLAINE, MN
United States

Laura
Cambridge, Cambridgeshire
United Kingdom

Pamelli
Potosi, WI
United States

Lisa
Greenville, SC
United States

Joanna
Wilmington, NC
United States

Brian
Mountain Village, AK
United States

Jeni
Austin, TX
United States

Rick
South Lake Tahoe, CA
United States

John
Dursley, Gloucestershire
United Kingdom

Dave
Gig Harbor, WA
United States

Cynthia
Mukilteo, WA
United States

Julee
Lake Oswego, OR
United States

Joan
Tucson, AZ
United States

Kevin
Bethesda, MD
United States

Jonathan&Sonya
Brookline, MA
United States

Karen
Greenwood Village, CO
United States

gladys
Mandan, ND
United States

Ellen
Quebec, Quebec
Canada

pam

Paul

KTC
Pasadena, CA
United States

kathie

Gordon

Jay
Atlanta, GA
United States

Caleb Flowers
Yakima, WA
United States

Anonymous
San Leandro, CA
United States

Kyle
Tampa, FL
United States

Solsofia
Captain Cook, HI
United States

Christopher
Hoffman Estates, IL
United States

Faye
Caloundra, Queensland
Australia

Matthew
Denver, CO
United States

Journal entries for Gbombaya Group

Loan has been disbursed Entrepreneur: Gbombaya Group Location: Makeni, Sierra Leone Thank you for your loan. It has been disbursed to the Gbombaya group, consisting of Marie Fonah, Magret Dumbuya, Kadiatu Bangura, Rosaline Kanu, Mabinty Mansaray 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 29, 2008
Comments (1)

A Journal Update for Gbombaya Group Entrepreneur: Gbombaya Group Location: Makeni, Sierra Leone Greetings are coming to you from members of Gbombaya group. Members of this group are please to inform their lenders that the loan they received was very much helpful to them. It improves the quality and quantity of their businesses. Consequently, sales prove for these entrepreneurs and their profit margin also increased. Gbombaya sends a lot of thanks to you for the helping hand and will like you to continue extending a helping hand to them. 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

Repayment Schedule for Gbombaya Group

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	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