Sabina Anyimike


Status: Paying Back

$700.00   Loan Amount
66% repaid

About the Entrepreneur

Name: Sabina Anyimike
Location: Mbeya, Tanzania
Activity: Cereals

About the Loan

Loan Amount: $700.00
Loan Use: To purchase more cereals in bulk for her business
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 15, 2009
Date Disbursed: Jun 30, 2009
Date Funded:Jun 15, 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 34-year-old Sabina Anyimike from Mbeya. She is married, with three children between the ages of 6 and 11. Additionally, she is responsible for supporting one dependent, a girl who is an orphan.

Sabina has been running a cereals business since 1995, purchasing and selling cereals. She works at the business for 9-12 hours per day, 6 days per week and currently earns about $90 a month from her business. She is requesting a loan in order to purchase more cereals in bulk for her business. In the future, she plans to expand her business. Sabina 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 Sabina Anyimike


Loan has been disbursed
 
Entrepreneur: Sabina Anyimike
Location: Mbeya, Tanzania

Thank you for your loan. It has been disbursed to Sabina Anyimike by Sero Lease and Finance Ltd. (SELFINA) in Tanzania. We are excited to watch this business grow. Over the 6 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 Mbeya, Tanzania
Jun 30, 2009
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Kiva Help Repayment Schedule for Sabina Anyimike

  Expected Repayments Actual Repayments Comments
September 2009 $116.67 $116.67 Repayment Received
October 2009 $116.67 $116.67 Repayment Received
November 2009 $116.67 $116.67 Repayment Received
December 2009 $116.67 $116.67 Repayment Received
January 2010 $116.67 Available Jan 1  
February 2010 $116.65 Available Feb 1