SIERRA LEONE- $4,000
Formation of New Cooperative Society
Project Director - Fatu V. Gbla

50 rural women from Mile 91 are participating this one-year project, the final year of four years of funding to UWMCS.

In the previous three years, 705 loans have been made. This final year is necessary because of the growing number of applications. This project will establish a new cooperative society in Congo Water Village and will strengthen the already established cooperative society. The beneficiaries of this project will engage in petty shops (30 women) and fruit/vegetable sales (20 women).

PROJECT	GROSS MONTHLY INCOME	MONTHLY EXPENSES	LOAN PAYMENT	NET MONTHLY INCOME
Petty shops	$135	$17	$18	$100
Fruit and vegetable sales	$150	$17	$18	$115

 

Project Completed: December 31, 2008