Elizabeth Masawe


Status: Paying Back

$1,150.00   Loan Amount
24% repaid

About the Entrepreneur

Name: Elizabeth Masawe
Location: Dar Es Salaam, Tanzania
Activity: Phone Use Sales

About the Loan

Loan Amount: $1,150.00
Loan Use: purchase additional stock of mobile phone accessories and vouchers (phone credit)
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 1, 2009
Date Disbursed: Jul 30, 2009
Date Funded:Aug 8, 2009

About the Country

Country:Tanzania
Avg Annual Income:$723.00
Currency:Tanzania Shillings (TZS)
Exchange Rate:1,325.0000 TZS = 1 USD



Mambo from Tanzania! This is 35-year-old Elizabeth F. Masawe from Dar es salaam .She is married with three children, between the ages 4 and 12. Elizabeth has been running a business of mobile phone accessories. It is amazing how many people have mobile phones in Tanzania. This is probably attributable to the fact that it is the only form of phone communication available to most people, because there are few landlines, and followed closely by how relatively cheap mobile phones are here.



Since 2003 Elizabeth has been working at the business for 9-12 hours per day, seven days per week. She is assisted by two employees. Elizabeth currently earns about 950 USD from her business. She is requesting a loan of 1,500,000 TSH in order to purchase additional stock of mobile phone accessories and vouchers (phone credit). In the future, she plans to increase the quantity and range of stock. Elizabeth thanks you for your support!


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Journal entries for Elizabeth Masawe


Loan has been disbursed
 
Entrepreneur: Elizabeth Masawe
Location: Dar Es Salaam, Tanzania

Thank you for your loan. It has been disbursed to Elizabeth Masawe 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
Aug 9, 2009
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Kiva Help Repayment Schedule for Elizabeth Masawe

  Expected Repayments Actual Repayments Comments
October 2009 $95.83 $95.83 Repayment Received
November 2009 $95.83 $95.83 Repayment Received
December 2009 $95.83 $95.83 Repayment Received
January 2010 $95.83 Available Jan 1  
February 2010 $95.83 Available Feb 1  
March 2010 $95.83 Available Mar 1  
April 2010 $95.83 Available Apr 1  
May 2010 $95.83 Available May 1  
June 2010 $95.83 Available Jun 1  
July 2010 $95.83 Available Jul 1  
August 2010 $95.83 Available Aug 1  
September 2010 $95.87 Available Sep 1