Amara Kamara
Status: Paid Back
| $1,200.00 | Loan Request | |
|---|---|---|
| $1,200.00 | Paid Back |
About the Entrepreneur
| Name: | Amara Kamara |
|---|---|
| Location: | Kabala, Sierra Leone |
| Activity: | General Store |
About the Loan
| Loan Amount: | $1,200.00 |
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| Loan Use: | Buy additional goods to sell in his shop |
| Repayment Term: | 12 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Nov 1, 2008 |
| Date Disbursed: | Nov 15, 2008 |
| Date Funded: | Nov 1, 2008 |
| Loan Ended: | Oct 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Salone Microfinance Trust (SMT), a partner of ChildFund International |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 30 months |
| Kiva Entrepreneurs: | 3734 |
| Total Loans: | $1,072,225 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Sierra Leone |
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| Avg Annual Income: | $903.00 |
| Currency: | Sierra Leone Leones (SLL) |
| Exchange Rate: | 2,930.0000 SLL = 1 USD |
This is Amara Kamara. Amara. 25, was born in Kabala. He is single with no children. Amara is a business man who sells soaps, batteries, milks, drinks, and cassettes tapes. Some people also come to Amara to charge their mobile phones for a fee. He has been in this business for the past two years. Amara is requesting a loan of Le 4,000,000.00 ($1200 USD) to add goods to sell in his business.
Previously, he received a loan of Le 3,500,000.00 from Kiva through SMT. That loan was of great help to him. It enabled him to expand his business because€" he was only selling tapes, but now he has a shop full of items.
Amara can now travel as far as Freetown (285 miles from Kabala) to buy the goods he sells. Freetown is the only place in Sierra Leone where he can get access to goods at a fair price.
Amara uses the profit to improve his living condition and reinvests the rest back into the business.
Previously, he received a loan of Le 3,500,000.00 from Kiva through SMT. That loan was of great help to him. It enabled him to expand his business because€" he was only selling tapes, but now he has a shop full of items.
Amara can now travel as far as Freetown (285 miles from Kabala) to buy the goods he sells. Freetown is the only place in Sierra Leone where he can get access to goods at a fair price.
Amara uses the profit to improve his living condition and reinvests the rest back into the business.
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Journal entries for Amara Kamara
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Loan has been disbursed
Location: Kabala, Sierra Leone
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Posted by
from Kabala, Sierra Leone
Nov 16, 2008 |
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Comment on this entry
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Repayment Schedule for Amara Kamara
Repayment Schedule for Amara Kamara
| Expected Repayments | Actual Repayments | Comments | |||
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| February 2009 | $120.00 | $120.00 |  Repayment Received
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| March 2009 | $120.00 | $120.00 | Repayment Received
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| April 2009 | $120.00 | $120.00 | Repayment Received
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| May 2009 | $120.00 | $120.00 | Repayment Received
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| June 2009 | $120.00 | $119.99 | Repayment Received
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| July 2009 | $120.00 | $120.00 | Repayment Received
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| August 2009 | $120.00 | $120.00 | Repayment Received
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| September 2009 | $120.00 | $120.01 | Repayment Received
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| October 2009 | $120.00 | $120.00 | Repayment Received
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| November 2009 | $120.00 | $120.00 | Repayment Received
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