Zoumana Camara

Status: Paying Back

$1,150
Loan Request
Pre-Disbursed : Oct 15, 2009
Listed: Nov 14, 2009
Funded: Nov 30, 2009
0% repaid

About the Country

Country:Mali
Avg Annual Income:$1,200
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:437.8022 XOF = 1 USD


About the Loan

Location: Ouelessebougou, Mali   Repayment Term: 11 months
(more info)
Activity: Retail   Repayment Schedule: Irregularly
Loan Use: To purchase a variety of items   Currency Exchange Loss: Covered
      Default Protection: Covered
Mr. Zoumana Camara is a thirty year old married man with seven children, he lives in a traditional home in Dangassa (located 70 kilometers from Bamako), in the second administrative region in the Republic of Mali.

Zoumana excels in selling various items, such as cereals, gathered fruits, artisinal crafts, fabrics etc. So that his business will prosper, he joined Soro Yiriwaso's loan program, with which he is on his second individual loan, the first of which was fully repaid without difficulty.

He supplies himself with various items once a month from Bamako and supplies himself with cereals twice a month from the market in Dangassa, where his store is located. With this loan he will buy 800 kilograms of peanuts, 300 kilograms of beans and a variety of items.

With this loan he hopes to earn an average quarterly income of 275,000 FCFA, which he will use to repay his loan, to provide for the needs of his family and he will reinvest the rest in his business.

Translated from French by Margot Bonner, Kiva Volunteer


Monsieur Zoumana Camara est un homme marié de trente huit ans ayant sept enfants qui vit dans un foyer traditionnel à Dangassa (située à 70 kilomètres de Bamako) deuxième région administrative de la république du Mali.
Zoumana excelle dans le commerce d’articles divers tels, les céréales, les produits de cueillettes, d’artisanats, les tissus etc.
Pour faire prospérer son commerce il intégra le programme crédit de Soro Yiriwaso avec qui il est à son deuxième prêt individuel, le premier a été bien remboursé sans aucune difficulté.
Il s’approvisionne en articles divers une fois par mois à Bamako et en céréales deux fois par mois au marché de Dangassa où se trouve son magasin de vente.
Il compte avoir avec ce prêt, 800 kilogrammes d’arachide, 300 kilogrammes de haricot et divers articles.
Il espère réaliser avec ce prêt un bénéfice moyen trimestriel de 275. 000 FCFA qui sera utilisé pour payer l’échéance du prêt subvenir aux charges familiales et investir le reste dans son entreprise.

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Loan to Zoumana Camara in Mali has been 100% funded
 
Entrepreneur: Zoumana Camara
Location: Ouelessebougou, Mali

Thanks to you and 34 other Kiva Lenders, the 1150.00 loan requested by Zoumana Camara in Mali has been 100% funded. The loan will be used for the purpose of: To purchase a variety of items.

Over the months of this loan, Kiva’s Field Partner in Mali, Soro Yiriwaso, a partner of Save the Children, will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ouelessebougou, Mali
Nov 30, 2009
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Kiva Help Repayment Schedule for Zoumana Camara

  Expected Repayments Actual Repayments Comments
March 2010 $383.33 Available Mar 1  
June 2010 $383.34 Available Jun 1  
September 2010 $383.33 Available Sep 1