Rehema Dunia


Status: Paying Back

$250.00   Loan Amount
16% repaid

About the Entrepreneur

Name: Rehema Dunia
Location: Kibaha, Tanzania
Activity: General Store

About the Loan

Loan Amount: $250.00
Loan Use: To purchase additional items in bulk for her shop.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 15, 2009
Date Disbursed: Aug 31, 2009
Date Funded:Aug 16, 2009

About the Country

Country:Tanzania
Avg Annual Income:$723.00
Currency:Tanzania Shillings (TZS)
Exchange Rate:1,322.0000 TZS = 1 USD



Mambo from Tanzania! This is 39-year-old Rehema M. Dunia from Kibaha. She is married and has 4 children between the ages of 4 and 18. She is also responsible for supporting one dependent because she is an orphan. Since 1996, Rehema has been running a "duka" or neighborhood shop where she sells common household and grocery items.

She works in her business for 12 hours per day, 6 days per week and is assisted by her husband. Rehema currently earns about $200 USD from her business. She is requesting a loan of TZS 300,000 to purchase additional items in bulk for her shop. In the future, she plans to increase the quantity and range of stock. Rehema thanks you for your support!

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 microleasing 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 Rehema Dunia


Loan has been disbursed
 
Entrepreneur: Rehema Dunia
Location: Kibaha, Tanzania

Thank you for your loan. It has been disbursed to Rehema Dunia 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 Kibaha, Tanzania
Aug 31, 2009
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Kiva Help Repayment Schedule for Rehema Dunia

  Expected Repayments Actual Repayments Comments
November 2009 $20.83 $20.83 Repayment Received
December 2009 $20.84 $20.84 Repayment Received
January 2010 $20.83 Available Jan 1  
February 2010 $20.83 Available Feb 1  
March 2010 $20.84 Available Mar 1  
April 2010 $20.83 Available Apr 1  
May 2010 $20.83 Available May 1  
June 2010 $20.84 Available Jun 1  
July 2010 $20.83 Available Jul 1  
August 2010 $20.83 Available Aug 1  
September 2010 $20.84 Available Sep 1  
October 2010 $20.83 Available Oct 1