Face Reality Group


Status: Paying Back

$475.00   Loan Amount
20% repaid

About the Group

Group Name: Face Reality Group
Group Members: Mohamed Sankoh
Isatu Sesay
Location: Magburaka, Tonkolili, Sierra Leone
Activity: General Store

About the Loan

Loan Amount: $475.00
Loan Use: Invest in his business
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 24, 2009
Date Disbursed: Aug 21, 2009
Date Funded:Aug 24, 2009

About the Country

Country:Sierra Leone
Avg Annual Income:$903.00
Currency:Sierra Leone Leones (SLL)
Exchange Rate:3,507.0000 SLL = 1 USD



This is Mohamed Sankoh and Isatu Sesay. They named their group Face Reality. This is the fourth loan this group is asking for from Kiva through SMT. Previous loans have made a lot of impact in the lives of these people. Having repaid their last loan successfully, they are now requesting a new loan of Le 800,000 for each. With this loan, they will be able to expand their businesses.

Mohamed Sankoh (left) is the leader of this group. He was born in Magburaka, Tonkolili district, in northern Sierra Leone. He is age thirty-two, married with two children – both of whom are still not of school going age. Patrick has five years of experience in business. He owns a kiosk where he sells plastic water, cold drinks, cigarettes, sardines etc.




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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Lenders to this group

Karen and Gery
KivaFriends.org, Monarch Beach, CA USA
United States

Miles
Waukesha, WI
United States

Tracy & Cole
Raleigh, NC
United States

Adonica
San Francisco, CA
United States

Anonymous
Sunnyvale, CA
United States

James
Fremont, CA
United States

Jeffrey
Jackson, MS
United States

Guy
Amsterdam, Fife
Netherlands

michael
Los Angeles, CA
United States

Julie & Eddie
New York, NY
United States

Fred
Woodland, MN
United States

Mary
South Dartmouth, MA
United States

kimberly
kennewick, WA
United States

mike
white rock, British Columbia
Canada



Top Lending Teams for this group


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University of Wisconsin-Madison
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Netherlands
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Journal entries for Face Reality Group


Loan has been disbursed
 
Entrepreneur: Face Reality Group
Location: Magburaka, Tonkolili, Sierra Leone

Thank you for your loan. It has been disbursed to Face Reality Group, consisting of Mohamed Sankoh, Isatu Sesay by Salone Microfinance Trust (SMT), a partner of ChildFund International in Sierra Leone. We are excited to watch this business grow. Over the 10 months of this loan, Salone Microfinance Trust (SMT), a partner of ChildFund International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Magburaka, Tonkolili, Sierra Leone
Aug 25, 2009
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Kiva Help Repayment Schedule for Face Reality Group

  Expected Repayments Actual Repayments Comments
November 2009 $47.50 $47.50 Repayment Received
December 2009 $47.50 $47.50 Repayment Received
January 2010 $47.50 Available Jan 1  
February 2010 $47.50 Available Feb 1  
March 2010 $47.50 Available Mar 1  
April 2010 $47.50 Available Apr 1  
May 2010 $47.50 Available May 1  
June 2010 $47.50 Available Jun 1  
July 2010 $47.50 Available Jul 1  
August 2010 $47.50 Available Aug 1