Plan For Real Group
Status: Paying Back
| $650.00 | Loan Amount |
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57% repaid
About the Group
| Group Name: | Plan For Real Group |
|---|---|
| Group Members: |
Daniel Koroma Santigie Conteh Aminata Sesay Salamatu Sesay |
| Location: | Waterloo, Sierra Leone |
| Activity: | Retail |
About the Loan
| Loan Amount: | $650.00 |
|---|---|
| Loan Use: | To invest in his business |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 18, 2009 |
| Date Disbursed: | Jun 12, 2009 |
| Date Funded: | Jun 19, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Salone Microfinance Trust (SMT), a partner of ChildFund International |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 30 months |
| Kiva Entrepreneurs: | 3734 |
| Total Loans: | $1,072,225 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Sierra Leone |
|---|---|
| Avg Annual Income: | $903.00 |
| Currency: | Sierra Leone Leones (SLL) |
| Exchange Rate: | 3,080.0000 SLL = 1 USD |
This is Daniel Koroma, Santigie Conteh, Aminata Sesay and Salamatu Sesay. They named their group Plan for Real. These members of Plan for Real group are local entrepreneurs based in the small-town of Waterloo, twenty miles from the city of Freetown.
They are requesting a loan of Le 500,000 each for the first time from SMT, a Partner of Shine on Sierra Leone. With this loan, they will be able to add more goods to their businesses, make better sales, and consequently improve on their standards of living.
Daniel Koroma (left) is the leader of Plan for Real group. Daniel is now age thirty-two and is married with one child in nursery school. Daniel was born in Binkolo village, in northern Sierra Leone. Daniel sells ice and has been in this business for two years now. With this loan, he will be able to sell more ice in order to meet the growing need of his customers.
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
They are requesting a loan of Le 500,000 each for the first time from SMT, a Partner of Shine on Sierra Leone. With this loan, they will be able to add more goods to their businesses, make better sales, and consequently improve on their standards of living.
Daniel Koroma (left) is the leader of Plan for Real group. Daniel is now age thirty-two and is married with one child in nursery school. Daniel was born in Binkolo village, in northern Sierra Leone. Daniel sells ice and has been in this business for two years now. With this loan, he will be able to sell more ice in order to meet the growing need of his customers.
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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Atheists, Agnostics, Skeptics, Freethinkers, Secular Humanists and the Non-Religious
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7013 Members
Journal entries for Plan For Real Group
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Loan has been disbursed
Location: Waterloo, Sierra Leone
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Posted by
from Waterloo, Sierra Leone
Jun 20, 2009 |
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Comment on this entry
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Repayment Schedule for Plan For Real Group
Repayment Schedule for Plan For Real Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| September 2009 | $92.86 | $92.86 |  Repayment Received
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| October 2009 | $92.86 | $0.00 | Repayment Received
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| November 2009 | $92.86 | $185.72 | Repayment Received
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| December 2009 | $92.86 | $92.86 | Repayment Received
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| January 2010 | $92.86 | Available Jan 1 | |||
| February 2010 | $92.86 | Available Feb 1 | |||
| March 2010 | $92.84 | Available Mar 1 | |||
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