Amato


Status: Paying Back

$6,000.00   Loan Amount
15% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Amato
Location: Fremont, Ca, United States
Activity: Child Care

About the Loan

Loan Amount: $6,000.00
Loan Use: Carpet nap area, convert garage to play room, and buy educational and art supplies
Repayment Term: 38 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jun 10, 2009
Date Disbursed: Apr 16, 2009
Date Funded:Jun 14, 2009

About the Country

Country:United States
Avg Annual Income:$47,000.00
Currency:United States Dollars (USD)



Amato, a widowed mother of two, has always loved children and believes her mission in life is to help them. For over ten years, she worked with disadvantaged children at various nonprofits before being laid off in 2003. She began fostering children and decided to take this effort one step further by opening a daycare center in her home in California. Amato hopes that the individual care and attention each child receives at Village d’Afrique will teach them great values and give them the opportunity to flourish in life. She’d like to provide this opportunity to more children, but needs funds to fully convert her home into a daycare center with a higher capacity.
With a $6,000 loan from Opportunity Fund, Amato will be able to carpet the living room nap area, convert her garage into a play room, and buy art and educational supplies. Currently, Amato has three children in her bilingual French and English daycare program, but she hopes that the loan will expand her capacity to care for more children.




Important Information About This Loan
Kiva realizes that access to credit is a challenge for entrepreneurs everywhere. Kiva started out as a website focused on developing-world entrepreneurs. In June 2009, Kiva began experimenting with allowing entrepreneurs in the United States to raise money on its website. If this is something you support, please feel free to fund this loan. If you have questions, including how an entrepreneur in your neighborhood might get a loan, please visit our Help Center and click on "Loans in the United States."

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Journal entries for Amato


Loan has been disbursed
 
Entrepreneur: Amato
Location: Fremont, Ca, United States

Thank you for your loan. It has been disbursed to Amato by Opportunity Fund in United States. We are excited to watch this business grow. Over the 35 months of this loan, Opportunity Fund will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Fremont, Ca, United States
Jun 15, 2009
Comments (1)

Kiva Help Repayment Schedule for Amato

  Expected Repayments Actual Repayments Comments
August 2009 $310.93 $311.04 Repayment Received
September 2009 $156.41 $156.47 Repayment Received
October 2009 $156.30 $156.13 Repayment Received
November 2009 $156.96 $157.19 Repayment Received
December 2009 $158.35 $158.40 Repayment Received
January 2010 $158.30 Available Jan 1  
February 2010 $159.65 Available Feb 1  
March 2010 $159.66 Available Mar 1  
April 2010 $160.34 Available Apr 1  
May 2010 $162.84 Available May 1  
June 2010 $161.71 Available Jun 1  
July 2010 $162.96 Available Jul 1  
August 2010 $163.09 Available Aug 1  
September 2010 $164.31 Available Sep 1  
October 2010 $164.49 Available Oct 1  
November 2010 $165.19 Available Nov 1  
December 2010 $166.34 Available Dec 1  
January 2011 $166.60 Available Jan 1  
February 2011 $167.71 Available Feb 1  
March 2011 $168.02 Available Mar 1  
April 2011 $168.73 Available Apr 1  
May 2011 $170.46 Available May 1  
June 2011 $170.18 Available Jun 1  
July 2011 $171.19 Available Jul 1  
August 2011 $171.63 Available Aug 1  
September 2011 $172.60 Available Sep 1  
October 2011 $173.10 Available Oct 1  
November 2011 $173.83 Available Nov 1  
December 2011 $174.74 Available Dec 1  
January 2012 $175.31 Available Jan 1  
February 2012 $176.18 Available Feb 1  
March 2012 $176.81 Available Mar 1  
April 2012 $177.56 Available Apr 1  
May 2012 $178.42 Available May 1  
June 2012 $179.10 Available Jun 1