Florish Sister Group
Status: Paying Back
| $375 |
Loan Request
Pre-Disbursed
: Sep 21, 2009
Listed: Oct 6, 2009
Funded: Oct 7, 2009
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76% repaid
About the Field Partner
| Local Enterprise Assistance Program (LEAP), a partner of World Hope International and World Relief administers this loan. Learn more | |||||||
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| Field Partner: | Local Enterprise Assistance Program (LEAP), a partner of World Hope International and World Relief | ||||||
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| Field Partner Risk Rating: | |||||||
| Fundraising Status: | Pilot | ||||||
| Time on Kiva: | 7 months | ||||||
| Kiva Entrepreneurs: | 2246 | ||||||
| Total Loans: | $213,925 | ||||||
| Interest & Fees are Charged: | Yes (Learn more) | ||||||
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| Delinquency Rate: | 0.00% | ||||||
| Default Rate: | 0.00% | ||||||
| Currency Exchange Loss Rate: | 0.00% | ||||||
| More on this field partner >> | |||||||
About the Country
| Country: | Liberia |
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| Avg Annual Income: | 500 |
| Currency: | Liberia Dollars (LRD) |
| Exchange Rate: | 71.0000 LRD = 1 USD |
In this Group:
Sylvestine Weah, Massa Forkpa, Gift karnteh, Glad Anderson, kou Blaggy
Sylvestine Weah, Massa Forkpa, Gift karnteh, Glad Anderson, kou Blaggy
About the Loan
| Location: | Monrovia North, Liberia | Repayment Term: | 6 months (more info) |
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| Activity: | Food Market | Repayment Schedule: | Monthly | |
| Loan Use: | To buy more wholesale food to sell at retail | Currency Exchange Loss: | Possible | |
| Default Protection: | Covered |
Florish Sister is a group of five borrowers led by Sylvestine Weah, who is 31 years old and married. She has two children ages 11 and 13 years old, and their educational levels are 4th and 5th grade. She also cares for a sibling. Because Sylvestine could only afford to attend school through the eighth grade, she needed to go into business so as to take care of her family’s needs.
Sylvestine buys food such as cereals, sugar, milk, etc. wholesale and then sells them at retail to the residents of Claratown, a crowded community north of Liberia’s capital, Monrovia.
She has been running this business for eight years and is grateful for her good relationships with her customers.
Sylvestine is requesting this loan in order to increase the food she offers for sale. In this way she hopes to grow her business so she can change her family’s living conditions for the better.
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
Sylvestine buys food such as cereals, sugar, milk, etc. wholesale and then sells them at retail to the residents of Claratown, a crowded community north of Liberia’s capital, Monrovia.
She has been running this business for eight years and is grateful for her good relationships with her customers.
Sylvestine is requesting this loan in order to increase the food she offers for sale. In this way she hopes to grow her business so she can change her family’s living conditions for the better.
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
EuniceandJohn
North Bethesda, MD
United States
Daniel
AUSTIN, TX
United States
Anonymous
Boulder, CO
United States
James
Redondo Beach, CA
United States
Scott
New Braunfels, TX
United States
Anonymous
Morrisville, NC
United States
Finn Winther
Karlslunde,
Denmark
Vic
Chico, CA
United States
Claus-Peter
www.kivafriends.org,
Germany
John
Hollidaysburg, PA
United States
Ingolf
Orinda, CA
United States
The Mezzanine Cat
Helsinki,
Finland
Laurent D
Brussels,
Belgium
Natasha
Southport, Queensland
Australia
Top Lending Teams for this group
Journal entries for Florish Sister Group
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Loan has been disbursed
Location: Monrovia North, Liberia
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Posted by
from Monrovia North, Liberia
Oct 8, 2009 |
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Comment on this entry
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Repayment Schedule for Florish Sister Group
Repayment Schedule for Florish Sister Group
| Expected Repayments | Actual Repayments | Comments | |||
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| December 2009 | $88.24 | $88.24 |  Repayment Received
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| January 2010 | $110.29 | $110.29 | Repayment Received
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| February 2010 | $88.24 | $88.24 | Repayment Received
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| March 2010 | $88.23 | Available Mar 1 | |||
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