Rose Kilasi


Status: Paying Back

$400.00   Loan Amount
33% repaid

About the Entrepreneur

Name: Rose Kilasi
Location: Dar Es Salaam, Tanzania
Activity: Pub

About the Loan

Loan Amount: $400.00
Loan Use: To purchase stocks of drinks in bulk.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 15, 2009
Date Disbursed: Jun 30, 2009
Date Funded:Jun 19, 2009

About the Country

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



Mambo (greetings) from Tanzania! This is 44-year-old Rose F. Kilasi from Dar es salaam. She is married with one child who is 15 years old.

Rose has been running her bar business since 2005. She works at the business for 9-12 hours per day, 6 days per week and currently earns about $100 from her business. She is requesting a loan of $400 in order to purchase stocks of drinks in bulk. In the future, she plans to increase the quantity and range of her stock. Rose 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 Rose Kilasi


Loan has been disbursed
 
Entrepreneur: Rose Kilasi
Location: Dar Es Salaam, Tanzania

Thank you for your loan. It has been disbursed to Rose Kilasi 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
Jun 30, 2009
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Kiva Help Repayment Schedule for Rose Kilasi

  Expected Repayments Actual Repayments Comments
September 2009 $33.33 $33.33 Repayment Received
October 2009 $33.33 $33.33 Repayment Received
November 2009 $33.33 $33.33 Repayment Received
December 2009 $33.33 $33.33 Repayment Received
January 2010 $33.33 Available Jan 1  
February 2010 $33.33 Available Feb 1  
March 2010 $33.33 Available Mar 1  
April 2010 $33.33 Available Apr 1  
May 2010 $33.33 Available May 1  
June 2010 $33.33 Available Jun 1  
July 2010 $33.33 Available Jul 1  
August 2010 $33.37 Available Aug 1