Sapolaneh Group


Status: Paid Back

$1,375.00   Loan Request
$1,375.00   Paid Back

About the Group

Group Name: Sapolaneh Group
Group Members: Fatmata Kamara
Aminata Koroma
Fatmata Bangura
Aminata Bangura
Location: Makeni, Sierra Leone
Activity: Clothing Sales

About the Loan

Loan Amount: $1,375.00
Loan Use: Buy more bales of cottons
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 1, 2008
Date Disbursed: Oct 15, 2008
Date Funded:Oct 1, 2008
Loan Ended:Sep 15, 2009

About the Country

Country:Sierra Leone
Avg Annual Income:$903.00
Currency:Sierra Leone Leones (SLL)
Exchange Rate:2,925.0000 SLL = 1 USD



Aminat Bangura, Fatmata Bangura, Aminata Koroma and Fatmata Kamara have all teamed together in a group called Sapolaneh. They have successfully repaid previous loans from Salone Microfinance Trust (SMT) and are now applying for a fourth loan. This, like their previous loans, will help them in improving their businesses and therefore improving the living standards for them and their dependents.

Aminata (pictured at left) is the leader for this group. She was born in Mile 91, a small town in the Tonkolili district, north of Sierra Leone. She is 25 years old and married with two children; one child is in primary school and the other is too young to start school.

Aminata has been selling cottons for three years. With her previous loan, she was able to buy 15 bales of cottons at a village called Bamoi (at a cost of Le 28,000.00 per bale). With this loan, Aminata will increase the amount of cottons she buys to 25 bales. Her aim now is to buy these cottons from Bamoi at a cheaper rate, and then supply her colleagues here in Makeni. This will allow her to make more of a profit, which, she said, means happiness for her.



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

Wietske & José
Lausanne,
Switzerland

Natasha
Melbourne
Australia

Jessica
Helsinki,
Finland

Henny & Roger
Eindhoven,
Netherlands

Nazaret
Lublin, Poland
Poland

Tatiana
KivaFriends.org,
Netherlands

Brian
Austin, TX
United States

Josy
Raalte,
Netherlands

Abhishek
Kolkata, West Bengal
India

WebCare
Adelaide, South Australia
Australia

Olivier
Paris,
France

Tamara Cobbin
Penticton, British Columbia
Canada

Jill
Lambertville, NJ
United States

Carol
Tallahassee, FL
United States

Floris
Tilburg,
Netherlands

karen
Bellaire, TX
Thailand

Bio Legal
Den Haag, Zuid-Holland
Netherlands

Andrea and Phil
Perth, WA
Australia

yuki-H
Tsuchiura, Ibaraki
Japan

Pomerleau Family
Gibsonia, PA
United States

kivan
Houston, TX
United States

Sigridur
Reykjavik, Iceland
Iceland

Good Dogg
Front Porch, www.kivafriends.org
United States

Jenny
Parrearra, Queensland
Australia

Anonymous
columbus, OH
United States

Alex
New York, NY
United States

Bill and Gina
Indianapolis, IN
United States

Praveen Ghanta
Atlanta, GA
United States

Ed
Marblehead, MA
United States

Karen & Bert
Akron, OH
United States

Trond Eivind
Oslo,
Norway

Nathan
Brooklyn, NY
United States

Prisma Light
Toronto, Ontario
Canada

Anne Marie & Rolf
Copenhagen OE, Denmark
Denmark

Peter
Spruce Head, ME
United States

Rev. Cori
Miami, FL
United States

Brenda
Charleston, SC
United States

Holli
bellevue, WA
United States

P & D
Burlington, Ontario
Canada

Matt
Socorro, NM
United States

Kurt
Los Angeles, CA
United States

Lawrence
New York, NY
United States

Maria
Leiria,
Portugal

Minh Han, MD
Coventry, CT
United States

Magnus
Bergen,
Norway

Vicki
Vancouver, British Columbia
Canada

The Smiths
., Somerset
United Kingdom

Betsy and family
Twin Cities, MN
United States

Mark
Mississauga, Ontario
Canada

Kristina
Montgomery, AL
United States

Elizabeth
Camden, ME
United States

Lynn
Chapel Hill, NC
United States



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Journal entries for Sapolaneh Group


Loan has been disbursed
 
Entrepreneur: Sapolaneh Group
Location: Makeni, Sierra Leone

Thank you for your loan. It has been disbursed to the Sapolaneh group, consisting of Aminata Bangura, Fatmata Bangura, Aminata Koroma, Fatmata 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 Makeni, Sierra Leone
Oct 15, 2008
Comment on this entry

Kiva Help Repayment Schedule for Sapolaneh Group

  Expected Repayments Actual Repayments Comments
January 2009 $137.50 $137.50 Repayment Received
February 2009 $137.50 $137.50 Repayment Received
March 2009 $137.50 $137.50 Repayment Received
April 2009 $137.50 $137.50 Repayment Received
May 2009 $137.50 $137.50 Repayment Received
June 2009 $137.50 $137.50 Repayment Received
July 2009 $137.50 $137.50 Repayment Received
August 2009 $137.50 $137.50 Repayment Received
September 2009 $137.50 $137.50 Repayment Received
October 2009 $137.50 $137.50 Repayment Received