Emelia Mbilinyi Mbilinyi
Status: Paying Back
| $300.00 | Loan Amount |
|---|
0% repaid
About the Entrepreneur
| Name: | Emelia Mbilinyi Mbilinyi |
|---|---|
| Location: | Mbeya, Tanzania |
| Activity: | Fish Selling |
About the Loan
| Loan Amount: | $300.00 |
|---|---|
| Loan Use: | To purchase fish in bulk for her business |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | At end of term |
| Currency Exchange Loss: | Covered  |
| Date Listed: | May 15, 2009 |
| Date Disbursed: | May 30, 2009 |
| Date Funded: | May 16, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Sero Lease and Finance Ltd. (SELFINA) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 24 months |
| Kiva Entrepreneurs: | 2234 |
| Total Loans: | $1,031,725 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Tanzania |
|---|---|
| Avg Annual Income: | $723.00 |
| Currency: | Tanzania Shillings (TZS) |
| Exchange Rate: | 1,341.5000 TZS = 1 USD |
Mambo (Greetings!) from Tanzania! This is 28-year-old Emelia Mbilinyi from Mbeya. She is married with two children aged 5 and 11.
Emelia has been running a fish business since 2008, purchasing and selling fish. She works at the business for 9-12 hours per day, six days per week. She currently earns about $50 a month from her business.
Emelia is requesting a loan in order to purchase fish in bulk for her business. In the future, she plans to open a new business. Emelia 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 microfinance 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 is allows clients to use the equipment as collateral for future loans with SELFINA, thus enabling them to borrow larger sums in the future.
Emelia has been running a fish business since 2008, purchasing and selling fish. She works at the business for 9-12 hours per day, six days per week. She currently earns about $50 a month from her business.
Emelia is requesting a loan in order to purchase fish in bulk for her business. In the future, she plans to open a new business. Emelia 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 microfinance 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 is 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 Emelia Mbilinyi Mbilinyi
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Loan has been disbursed
Location: Mbeya, Tanzania
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Posted by
from Mbeya, Tanzania
May 30, 2009 |
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Comment on this entry
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Repayment Schedule for Emelia Mbilinyi Mbilinyi
Repayment Schedule for Emelia Mbilinyi Mbilinyi
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $300.00 | Available Jan 1 | |||
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