Statistics, as at 31 October 2007
Loans made: 29 (no change from June)
Loans o/s: 21 (no change from June)
Rands loaned: R17,066 (current $Cdn equivalent: $2,413; June posting R16,666/$2,708)
Rands outstanding: R9,161 (current $Cdn equivalent: $1,285; June posting: R9,693/$1,575)
Current nbr of groups: 3 (no change from June)
Current nbr of clients: 23 (up from 22 in June)
| Current nbr of individuals affected (clients and families): 86 | (up from 81 in June) |
The statistics "Mean monthly income of clients at start" and "Current mean income of clients" have been dropped, as the numbers we received are incomplete. If we are able to collect these numbers in future, we will add them back to this page.
Starting 17 August 2007, we included a new metric, "Cost per life changed" or "CPL", as suggested in the book, "A Billion Bootstraps" by Phil Smith & Eric Thurman. This metric is the total current capitalization of the Sinzio Project (C$4,150) divided by the total number of lives affected by the loans that have been made to date.CPL = 4150/118 = 35.17, after almost 2 years (no change from June).
This number is relatively high, but can be expected to drop as existing loans are repaid and new loans are made.
Loans have been made for:
cooking businesses (3)
sewing businesses (7)
driver training (3)
transport to a job or other job help until the first paycheque (5)
(up from 4 in February)
knitting, crocheting businesses (3)
ice cream businesses (2)
raising fresh vegetables for sale (1)
retail clothing businesses (2)
jikeleza (local short-run taxi) business (1) (we helped with
the business plan; the business owner was able to arrange his own financing)
computer/business services business (1)
retail household cleaning products (1)
laundry (1)
garden/yard care (1)
Total number of
businesses to date: 23 (two clients have more than one business)