Ishmanayamba Group

Status: Paid Back

$625.00		Loan Request
$625.00		Paid Back

About the Group

Group Name:	Ishmanayamba Group
Group Members:	Ishmail Turay Mohamed L. Jalloh Finna Turay
Location:	Magburaka, Tonkolili, Sierra Leone
Activity:	Food Market

About the Loan

Loan Amount:	$625.00
Loan Use:	Purchase palm oil and inventory for general store.
Repayment Term:	11 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Jun 22, 2008
Date Disbursed:	Jul 6, 2008
Date Funded:	Jun 22, 2008
Loan Ended:	Apr 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:	2,938.0000 SLL = 1 USD

Finna Turay is the group leader of Ishmanayamba and one of the first Kiva clients in Sierra Leone. She is thirty-eight years old, married and with four children. Her business is the main source of income for the family. Finna sells palm oil and other food items. She would like to purchase 60 gallons of palm oil to increase her inventory and income.

Mohamed and Tury both own kiosks in the same town and would like to expand their businesses, too. The group is therefore requesting a loan of Le.1,800,000 ($US625).

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

Pamela
Fort Lauderdale, FL
United States

Claire
Lakewood, CO
United States

Sara
Hawaii National Park, HI
United States

Thomas
Union Grove, WI
United States

Erin
Santa Cruz, CA
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Paul and Kathleen
Liberty Center, OH
United States

Anonymous
Franklin, MA
United States

Shana Kreikemeier
Overland Park, KS
United States

Bruce Chou
Oakdale & Los Angeles & San Jose, CA
United States

raju
fort worth, TX
United States

Lauren
Brooklyn, NY
United States

Mike
Lilyfield, New South Wales
Australia

Anonymous
Baltimore, MD
United States

Ryan
Durham, NC
United States

lil

United States

Anonymous
Columbia, SC
United States

Jayanth
Singapore, Singapore
Singapore

Abby
New York, NY
United States

Justin
Wadsworth, OH
United States

Beth

Journal entries for Ishmanayamba Group

Loan has been disbursed Entrepreneur: Ishmanayamba Group Location: Magburaka, Tonkolili, Sierra Leone Thank you for your loan. It has been disbursed to the Ishmanayamba group, consisting of Finna Turay, Mohamed L. Jalloh, Ishmail Turay 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 8 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 Magburaka, Tonkolili, Sierra Leone Jul 7, 2008
Comment on this entry

A Journal Update Entrepreneur: Ishmanayamba Group Location: Magburaka, Tonkolili, Sierra Leone Finna Turay is very grateful to you for the loan Ishmanayamba group members received from you. The loan has improved their businesses and personal life a great deal. With the loan, members of this group bought additional goods to add into their businesses. This increased sales and the amount of profit they make. Members of this group are thus able to make prompt monthly repayments, take care of themselves and children. Finna Turay (middle), on behalf of the group members, thanks you a lot for the help rendered to them.
Posted by Ibrahim Oumarr Jalloh from Magburaka, Tonkolili, Sierra Leone Mar 26, 2009
Comment on this entry

Repayment Schedule for Ishmanayamba Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
October 2008	$78.12	$79.00	Repayment Received
November 2008	$78.12	$79.00	Repayment Received
December 2008	$78.12	$79.00	Repayment Received
January 2009	$78.12	$75.50	Repayment Received
February 2009	$78.12	$78.12	Repayment Received
March 2009	$78.12	$78.12	Repayment Received
April 2009	$78.12	$78.12	Repayment Received
May 2009	$78.16	$78.14	Repayment Received