Tamaraneh Group

Status: Paid Back

$1,100.00		Loan Request
$1,100.00		Paid Back

About the Group

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

About the Loan

Loan Amount:	$1,100.00
Loan Use:	Increase stock of building materials, medicines and food items.
Repayment Term:	12 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Jul 21, 2008
Date Disbursed:	Aug 8, 2008
Date Funded:	Jul 25, 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

3763

$1,076,900

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:	2,910.0000 SLL = 1 USD

Issa Kamara is 40 years old and married with five children. He sells basic building materials such as wiremesh, nails, and a few bags of cement. With his previous loan, he diversified his business; now he would like to do this again to increase his income. His plan is to establish a large building materials shop.

Issa is the group leader for three other members. Henry Conteh owns a small pharmacy selling basic medicine; Fatmata Kargbo sells rice, peanuts and palm oil; and John Kamara sells plastic sandals and cotton clothes. The group is requesting a loan to expand their individual businesses.

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

Paul & Jennifer
Sandy, UT
United States

Amanda

United Kingdom

Graeme and Mel Klass
Dandenong North, VIC
Australia

Shawn
Doylestown, Pennsylvania
United States

John
Bristol, South Gloucestershire
United Kingdom

Dan
Oakdale, NY
United States

James
Hollywood, FL
United States

Project LemonAID
Los Angeles, CA
United States

anjachristina
karlsruhe,
Germany

Martin
Danderyd, Stockholm
Sweden

Alex
Minneapolis, MN
United States

Onno
Leidschendam, Zuid-Holland
Netherlands

Korbi
Munich,
Germany

karen
Reading, Berkshire
United Kingdom

Eric
Plymouth, MN
United States

GDP upgrade
Coquitlam, British Columbia
Canada

Casey & April
triangle, VA
United States

Blue Star Camps
Hendersonville, NC
United States

Charles
East Lansing, Michigan
United States

Kevin
Independence, MO
United States

Diane
San Diego, CA
United States

Beverly
Sunnyvale, CA
United States

Bob & Joan
Vancouver, WA
United States

Noah
SEATTLE, WA
United States

Robert
Monroe, LA
United States

Shelley
Vernon, British Columbia
Canada

Raffaele
Roma, Roma
Italy

Sara
Cincinnati, OH
United States

Nick
Cambridge, MA
United States

Holli
bellevue, WA
United States

Darlene
Calgary, Alberta
Canada

Anonymous
San Jose, CA
United States

Steven
Port Townsend, WA
United States

Kelly
San Francisco, CA
United States

Emily
Kalispell, MT
United States

Anonymous
pittsburgh, PA
United States

Journal entries for Tamaraneh Group

Loan has been disbursed Entrepreneur: Tamaraneh Group Location: Magburaka, Tonkolili, Sierra Leone Thank you for your loan. It has been disbursed to the Tamaraneh group, consisting of Issa Kamara, Henry B. Conteh, Fatmata Kargbo, John Kamara 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 Magburaka, Tonkolili, Sierra Leone Aug 8, 2008
Comment on this entry

A Journal Update Entrepreneur: Tamaraneh Group Location: Magburaka, Tonkolili, Sierra Leone Tamaraneh Group is very grateful to you for the support rendered to them. With the help of the Kiva loan, their businesses have improved a great deal. With the profit they make out of their businesses, they were able to repay their loan in time and in full. They can also pay their children's school fees, feed and clothe their families.
Posted by Ibrahim Oumarr Jalloh from Magburaka, Tonkolili, Sierra Leone Jul 9, 2009
Comment on this entry

Repayment Schedule for Tamaraneh Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
November 2008	$110.00	$110.00	Repayment Received
December 2008	$110.00	$110.00	Repayment Received
January 2009	$110.00	$110.00	Repayment Received
February 2009	$110.00	$110.00	Repayment Received
March 2009	$110.00	$110.00	Repayment Received
April 2009	$110.00	$110.00	Repayment Received
May 2009	$110.00	$110.00	Repayment Received
June 2009	$110.00	$110.00	Repayment Received
July 2009	$110.00	$110.00	Repayment Received
August 2009	$110.00	$110.00	Repayment Received