Jesca Nyanda


Status: Paying Back

$400.00   Loan Amount
60% repaid

About the Entrepreneur

Name: Jesca Nyanda
Location: Mwanza, Tanzania
Activity: Tailoring

About the Loan

Loan Amount: $400.00
Loan Use: To buy a sewing machine, vitenge (African traditional clothes) and thread
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 15, 2009
Date Disbursed: Apr 30, 2009
Date Funded:Apr 16, 2009

About the Country

Country:Tanzania
Avg Annual Income:$723.00
Currency:Tanzania Shillings (TZS)
Exchange Rate:1,332.4960 TZS = 1 USD



Mambo (greetings) from Tanzania! This is 20-year-old Jesca Nyanda from Mwanza. She is married. Jesca has been running a tailoring business making clothes and selling them to customers since 2008. She works at the business for 12 hours per day, six days per week. Jesca currently earns about $150 a month from her business. She is requesting a loan of $400 in order to buy a sewing machine, vitenge (African traditional clothes) and thread. In the future, she plans to expand her business. Jesca thanks you for your support!


ABOUT SELFINA!


SELFINA has taken a lead role as a pioneer of micro-credit in Tanzania through micro-leasing. The organization is engaged in the economic empowerment of women in Tanzania through the provision of a leasing and leaseback micro-finance facility. Customs and traditions in Tanzania make it difficult for women to own land and assets, thus they are termed non-creditworthy by financial institutions. This leads to poor financial support and poor access to basic needs and services for women with low incomes. One of the primary advantages of micro-leasing is that it allows clients to use the equipment as collateral for future loans with SELFINA, thus enabling them to borrow larger sums in the future.


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Journal entries for Jesca Nyanda


Loan has been disbursed
 
Entrepreneur: Jesca Nyanda
Location: Mwanza, Tanzania

Thank you for your loan. It has been disbursed to Jesca Nyanda by Sero Lease and Finance Ltd. (SELFINA) in Tanzania. We are excited to watch this business grow. Over the 9 months of this loan, Sero Lease and Finance Ltd. (SELFINA) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Mwanza, Tanzania
Apr 30, 2009
Comments (1)

Kiva Help Repayment Schedule for Jesca Nyanda

  Expected Repayments Actual Repayments Comments
July 2009 $40.00 $40.00 Repayment Received
August 2009 $40.00 $40.00 Repayment Received
September 2009 $40.00 $40.00 Repayment Received
October 2009 $40.00 $40.00 Repayment Received
November 2009 $40.00 $40.00 Repayment Received
December 2009 $40.00 $40.00 Repayment Received
January 2010 $40.00 Available Jan 1  
February 2010 $40.00 Available Feb 1  
March 2010 $40.00 Available Mar 1  
April 2010 $40.00 Available Apr 1