Karmela Bayao


Status: Paying Back

$650.00   Loan Amount
78% repaid

About the Entrepreneur

Name: Karmela Bayao
Location: Kator, Juba, Southern, South Sudan
Activity: Food Market

About the Loan

Loan Amount: $650.00
Loan Use: pay school fees for children
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 29, 2009
Date Disbursed: Jan 16, 2009
Date Funded:Jan 29, 2009

About the Country

Country:South Sudan
Avg Annual Income:$600.00
Currency:Sudan Pounds (SDG)
Exchange Rate:2.2079 SDG = 1 USD



Karmela Bayao is currently in the business of selling beans, flour and sorghum at the market and is requesting a loan to expand her business. Carmela is 45 years old and is married to a husband who is a peasant. She has 4 children and her children go to school. With the extra profits from her loan, she hopes to be able to expand the business.



BRAC's holistic approach to poverty alleviation and empowerment of the poor encompasses a range of core programs in economic and social development, health, education, human rights, and legal services which are delivered through an extensive network of village organizations.



BRAC has become one of the world's largest NGOs as measured by the scale and diversity of its interventions. In 2007, BRAC started operations in Southern Sudan. The micro-finance program, which is targeted towards returning war refugees, has already formed 418 village organizations with more than 14,000 women members.


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Journal entries for Karmela Bayao


Loan has been disbursed
 
Entrepreneur: Karmela Bayao
Location: Kator, Juba, Southern, South Sudan

Thank you for your loan. It has been disbursed to Karmela Bayao by BRAC South Sudan in Sudan. We are excited to watch this business grow. Over the 11 months of this loan, BRAC South Sudan will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kator, Juba, Southern, South Sudan
Jan 30, 2009
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Kiva Help Repayment Schedule for Karmela Bayao

  Expected Repayments Actual Repayments Comments
March 2009 $25.00 $25.00 Repayment Received
April 2009 $50.00 $50.00 Repayment Received
May 2009 $50.00 $50.00 Repayment Received
June 2009 $50.00 $49.96 Repayment Received
July 2009 $62.50 $62.50 Repayment Received
August 2009 $50.00 $50.00 Repayment Received
September 2009 $62.50 $62.54 Repayment Received
October 2009 $50.00 $50.00 Repayment Received
November 2009 $50.00 $50.00 Repayment Received
December 2009 $62.50 $62.50 Repayment Received
January 2010 $50.00 Available Jan 1  
February 2010 $50.00 Available Feb 1  
March 2010 $37.50 Available Mar 1