Tausi Kilinda


Status: Paying Back

$250.00   Loan Amount
33% repaid

About the Entrepreneur

Name: Tausi Kilinda
Location: Dar Es Salaam, Tanzania
Activity: Charcoal Sales

About the Loan

Loan Amount: $250.00
Loan Use: Purchase additional stock of charcoal.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 1, 2009
Date Disbursed: Jun 30, 2009
Date Funded:Jul 1, 2009

About the Country

Country:Tanzania
Avg Annual Income:$723.00
Currency:Tanzania Shillings (TZS)
Exchange Rate:1,315.0000 TZS = 1 USD



Mambo from Tanzania! This is 48 year old Tausi S Kilinda from Dar es salaam. She is married with five children, between the ages of 10 and 27. Additionally, she is responsible for supporting two dependents because one their parents died with HIV and the other one is attending school in the area.

Tausi has been running a charcoal business since 1999. Her business is to sell charcoal at retail. Charcoal is a popular source of fire for cooking food. People like it because it doesn’t produce soot. It is made up by burning pieces of wood with limited airflow. Tausi works at the business for 9-12 hours per day, 6 days per week and is assisted by her sister to run her business. Tausi currently earns about $100 US from her business. She is requesting a loan of $250 US in order to purchase additional stock of charcoal. In the future, she plans to increase the quantity of the stock. Tausi thanks you for your support!

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 Tausi Kilinda


Loan has been disbursed
 
Entrepreneur: Tausi Kilinda
Location: Dar Es Salaam, Tanzania

Thank you for your loan. It has been disbursed to Tausi Kilinda by Sero Lease and Finance Ltd. (SELFINA) in Tanzania. We are excited to watch this business grow. Over the 11 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 Dar Es Salaam, Tanzania
Jul 2, 2009
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Kiva Help Repayment Schedule for Tausi Kilinda

  Expected Repayments Actual Repayments Comments
September 2009 $20.83 $20.83 Repayment Received
October 2009 $20.83 $20.83 Repayment Received
November 2009 $20.83 $20.83 Repayment Received
December 2009 $20.83 $20.83 Repayment Received
January 2010 $20.83 Available Jan 1  
February 2010 $20.83 Available Feb 1  
March 2010 $20.83 Available Mar 1  
April 2010 $20.83 Available Apr 1  
May 2010 $20.83 Available May 1  
June 2010 $20.83 Available Jun 1  
July 2010 $20.83 Available Jul 1  
August 2010 $20.87 Available Aug 1