SIERRA LEONE - $5,500
Farming
Project Director - Ahmed M. Sesay

75 people, 45 women and 30 youth, seven miles outside the town of Mile 91 are participating in this one-year project. All the participants are victims of a wild fire which burned 29 houses in the village, displacing 400 villagers. The victims organized themselves into five farming groups and developed a proposal to cultivate 20 acres of cassava, 10 acres of vegetables, 25 acres of groundnut [peanuts, Ed.] and 30 livestock (goats). Seeds, tools and equipment will be provided through the grant. Loans will be recovered in 12 months at 15% annual interest.

 

ACTIVITY	PARTICIPANTS	LOAN AMOUNT	TOTAL INCOME	MONTHLY INCOME PER PERSON
Groundnuts	2 groups (30 people)	$675 (25 bushels of seed)	$3,390 (125 bushels per group)	$55
Goats	1 group (15 people)	$915 (After 9 months the offspring will repay the loan; breeding stock remains for future income)
Cassava	2 groups (30 people	$1,120	$3,050 in 6 months	$35

 

Project Completed: December 31, 2008