Jeni Magavilo


Status: Paying Back - Delinquent

$200.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Jeni Magavilo
Location: Iringa, Tanzania
Activity: Clothing Sales

About the Loan

Loan Amount: $200.00
Loan Use: To buy more clothes
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 29, 2009
Date Disbursed: Jul 6, 2009
Date Funded:Jul 29, 2009

About the Country

Country:Tanzania
Avg Annual Income:$723.00
Currency:Tanzania Shillings (TZS)
Exchange Rate:1,329.0000 TZS = 1 USD



Jeni is a member of the Mgodi North borrower group in Kinyanambo, Iringa. She is 30 years old, married, and the mother of 4 children. Her children are aged 14, 7, 5, and 1 years.


Jeni started her own business selling clothes 4 years ago. She works 12 hours a day and earns a monthly profit of approximately 150,000 Tanzania shillings.


This is Jeni’s first loan from BRAC Tanzania. She has requested 250,000 Tsh in order to buy more clothes. With the additional profit she gains from the use of this loan, Jeni hopes to save money and expand her business.





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Journal entries for Jeni Magavilo


Loan has been disbursed
 
Entrepreneur: Jeni Magavilo
Location: Iringa, Tanzania

Thank you for your loan. It has been disbursed to Jeni Magavilo by BRAC Tanzania in Tanzania. We are excited to watch this business grow. Over the 11 months of this loan, BRAC Tanzania will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Iringa, Tanzania
Jul 30, 2009
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Kiva Help Repayment Schedule for Jeni Magavilo

  Expected Repayments Actual Repayments Comments
September 2009 $11.54 $0.00 Delinquent
October 2009 $19.23 $0.00 Delinquent
November 2009 $15.38 $0.00 Delinquent
December 2009 $15.39 Available Dec 1  
January 2010 $19.23 Available Jan 1  
February 2010 $15.38 Available Feb 1  
March 2010 $15.39 Available Mar 1  
April 2010 $15.38 Available Apr 1  
May 2010 $19.23 Available May 1  
June 2010 $15.39 Available Jun 1  
July 2010 $19.23 Available Jul 1  
August 2010 $15.38 Available Aug 1  
September 2010 $3.85 Available Sep 1