Saturday, February 13, 2010

February KIVA LOAN-- Sierra Leone

Location: Makeni, Sierra Leone
Repayment Term: 12 months
Activity: Food Market
Repayment Schedule: Monthly
Loan Use: Buy palm-oil, rice, and oranges in wholesale quantities

Fight For Progress Group: They are small-scale entrepreneurs in the northern city of Makeni. They are seeking a loan to enable them add more goods into their businesses. In this way, they will be able to make more sales and better profit. Consequently, they can better support their children in terms of feeding, clothing and in their academic pursuits.

Fatmata Kamara is the leader of this group. She is 37 years old and was born in Makeni. Fatmata is married to a businessman and they have 4 children. One of her children is in college, 2 are in secondary school and 1 is in primary school. Fatamta has been a businesswoman for 2 years. She sells rice, palm-oil (the most popular cooking oil) oranges, etc. Fatmata will use this loan to expand her business by buying the above goods in wholesale quantities to add to her current inventory.




CURRENT LOANS IN ACTION
Location: Tsetserleg, Arhangai, Mongolia
Repayment Term: 20 months
Activity: Butcher Shop
Repayment Schedule: Monthly
Loan Use: to purchase meat




LOANS PAID IN FULL:

Zenaida Daing
Farming, Sta. Josefa, Agusan Del Sur, Philippines

Elizabeth Aidoo
Food Market, Wiawso, Ghana

Mobateli Plus Group
Manufacturing, The Democratic Republic of the Congo

Paz y Amor Group
Fruits & Vegetables, Dominican Republic

Dustmatov Eralboy
Livestock, Tajikistan

Seccelambras Group
Food Production/Sales, Peru

Rashidat Mumuni
Fish Selling, Nigeria

Karla Vanessa Montiel Barahona
Housing, Nicaragua

Eal Nub
Fish Selling, Cambodia

Atim Irene's Group
Medical Clinic, Uganda

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