Kamila Kuresa


Status: Paying Back

$1,050.00   Loan Amount
17% repaid

About the Entrepreneur

Name: Kamila Kuresa
Location: Vaimoso, Samoa
Activity: Food Production/Sales

About the Loan

Loan Amount: $1,050.00
Loan Use: To renovate business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 2, 2009
Date Disbursed: Aug 28, 2009
Date Funded:Sep 30, 2009

About the Country

Country:Samoa
Avg Annual Income:$6,344.00
Currency:Samoa Tala (WST)
Exchange Rate:2.6737 WST = 1 USD



Kamila Kuresa is a 30-year-old woman living in the town of Vaimoso. She is married and has four small children. Kamila owns and operates a business venture in the food sector making & selling food. The main source of income for the business comes primarily from selling a variety of food products in the local community. Kamila has been engaged in this business for over three years.

Kamila joined SPBD to gain access to financial services to help improve her living situation and ability to engage in business activities. Kamila has successfully repaid a previous loan from SPBD. This previous loan was used to purchase new items to expand product offering. Kamila is now requesting a new loan of $1,050 which will be used renovate the business. The loan will be the 4th loan taken out by the borrower from SPBD. Kamila plans to use the additional revenue generated from the business to financially support immediate members of her family.

About SPBD:
SPBD's mission is to improve the quality of life of people living in poverty in the poor island nations of the South Pacific. SPBD's philosophy of lending is based on a respect for each individual's innate human ingenuity, drive and self esteem.

*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders."


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Journal entries for Kamila Kuresa


Loan has been disbursed
 
Entrepreneur: Kamila Kuresa
Location: Vaimoso, Samoa

Thank you for your loan. It has been disbursed to Kamila Kuresa by South Pacific Business Development (SPBD) in Samoa. We are excited to watch this business grow. Over the 11 months of this loan, South Pacific Business Development (SPBD) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Vaimoso, Samoa
Oct 1, 2009
Comment on this entry

Kiva Help Repayment Schedule for Kamila Kuresa

  Expected Repayments Actual Repayments Comments
December 2009 $181.71 $181.71 Repayment Received
January 2010 $80.77 Available Jan 1  
February 2010 $100.95 Available Feb 1  
March 2010 $80.76 Available Mar 1  
April 2010 $80.76 Available Apr 1  
May 2010 $80.77 Available May 1  
June 2010 $100.95 Available Jun 1  
July 2010 $80.76 Available Jul 1  
August 2010 $80.76 Available Aug 1  
September 2010 $100.96 Available Sep 1  
October 2010 $80.85 Available Oct 1