We've just received a first report from our micro-loan work in Sierra Leone. I'll let you dig into the attached mini-report, but to summarise ...
We've managed to disburse 36 out of 54 loans to entrepreneurs in two cohorts so far. The business activities of the entrepreneurs generally fall into free categories: Gara tie-dying, Cooking, and market trade.
Both cohorts completed the 6 Initial training sessions and are carrying on with the other nine modules to complete the integration training plan, a mix of essential economic and social topics.
All the entrepreneurs were given their personal Savings passbooks and started saving a minimum of 6,000Le every two weeks.