Mrs. Kumba Moore


Status: Paying Back

$875.00   Loan Amount
11% repaid

About the Entrepreneur

Name: Mrs. Kumba Moore
Location: Makeni, Sierra Leone
Activity: Restaurant

About the Loan

Loan Amount: $875.00
Loan Use: Buy cooking ingredients and expand her restuarant
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 31, 2009
Date Disbursed: Sep 4, 2009
Date Funded:Sep 1, 2009

About the Country

Country:Sierra Leone
Avg Annual Income:$903.00
Currency:Sierra Leone Leones (SLL)
Exchange Rate:3,505.0000 SLL = 1 USD



This is Mrs. Kumba Moore, a small-scale businesswoman in Makeni city, northern Sierra Leone. Mrs. Moore sells cooked rice, meat and vegetables as well as soft drinks in her small restaurant on the Azzolini Highway in Makeni.

Kumba is seeking a loan from SMT for the second time in order to help her further improve her business. With the previous SMT loan, she was able to improve her business and personal life. Having repaid her previous loan successfully, she is now requesting a new loan of Le 3,000,000.00.

Mrs. Moore is now age 32. She was born in Bo city, southern Sierra Leone. She is married to a police officer and they have two children. One of her children has just written the Basic Education Certificate Examinations (BECE) and the other is in Junior Secondary School II (JSS II). Kumba has been selling cooked rice for a year going on two now. With this loan, Kumba will be able to buy bags of rice, palm oil (the most popular cooking oil), a floor mat, cups and spoons, plates, more drinks to sell and a musical set to entertain her customers. She will also expand her restaurant.


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Journal entries for Mrs. Kumba Moore


Loan has been disbursed
 
Entrepreneur: Mrs. Kumba Moore
Location: Makeni, Sierra Leone

Thank you for your loan. It has been disbursed to Mrs. Kumba Moore by Salone Microfinance Trust (SMT), a partner of ChildFund International in Sierra Leone. We are excited to watch this business grow. Over the 9 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 Makeni, Sierra Leone
Sep 4, 2009
Comment on this entry

Kiva Help Repayment Schedule for Mrs. Kumba Moore

  Expected Repayments Actual Repayments Comments
December 2009 $97.22 $97.22 Repayment Received
January 2010 $97.22 Available Jan 1  
February 2010 $97.23 Available Feb 1  
March 2010 $97.22 Available Mar 1  
April 2010 $97.22 Available Apr 1  
May 2010 $97.22 Available May 1  
June 2010 $97.23 Available Jun 1  
July 2010 $97.22 Available Jul 1  
August 2010 $97.22 Available Aug 1