Asha Bazigo


Status: Paying Back

$400.00   Loan Amount
40% repaid

About the Entrepreneur

Name: Asha Bazigo
Location: Mwanza, Tanzania
Activity: Bricks

About the Loan

Loan Amount: $400.00
Loan Use: To expand her business
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 5, 2009
Date Disbursed: Aug 19, 2009
Date Funded:Aug 6, 2009

About the Country

Country:Tanzania
Avg Annual Income:$723.00
Currency:Tanzania Shillings (TZS)
Exchange Rate:1,323.5000 TZS = 1 USD



Mambo (Greetings!) from Tanzania! This is 50-year-old Asha Bazigo from Mwanza. She is married and 7 children between the ages of 14 and 36 years old. She is also responsible for supporting 2 dependents because their parents cannot fully support them.

Asha sells bricks for house construction. She started the business in 2009 and works 12 hours per day, 7 days per week, assisted by 3 employees. Asha currently earns about $200 USD a month from her business. She is requesting a loan of 500,000 TSHS to expand her business. In the future, she plans to open a new business. Asha thanks you for supporting her!

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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Lenders to this entrepreneur

howard and maureen
pinole, CA
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Anonymous

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Barry
Tasmania
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Jim
Princeton, NJ
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Stephen
Hamburg,
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Anonymous
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Jean & Gary
Tempe, AZ
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Brater's AP World History Class
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Petar
Boca Raton, FL
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Jeff
Calgary, Alberta
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Alan
Weston, MA
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Journal entries for Asha Bazigo


Loan has been disbursed
 
Entrepreneur: Asha Bazigo
Location: Mwanza, Tanzania

Thank you for your loan. It has been disbursed to ASHA BAZIGO by Sero Lease and Finance Ltd. (SELFINA) in Tanzania. We are excited to watch this business grow. Over the 4 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 Mwanza, Tanzania
Aug 19, 2009
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Kiva Help Repayment Schedule for Asha Bazigo

  Expected Repayments Actual Repayments Comments
November 2009 $80.00 $80.00 Repayment Received
December 2009 $80.00 $80.00 Repayment Received
January 2010 $80.00 Available Jan 1  
February 2010 $80.00 Available Feb 1  
March 2010 $80.00 Available Mar 1