Maria Mwanisunje


Status: Paying Back

$625.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Maria Mwanisunje
Location: Mbeya, Tanzania
Activity: Used Clothing

About the Loan

Loan Amount: $625.00
Loan Use: To buy clothes in bulk for resale.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 30, 2009
Date Disbursed: Oct 30, 2009
Date Funded:Sep 30, 2009

About the Country

Country:Tanzania
Avg Annual Income:$723.00
Currency:Tanzania Shillings (TZS)
Exchange Rate:1,315.0000 TZS = 1 USD



Mambo from Tanzania! This is 33-year-old Maria Mwanisunje from Mbeya. She is married and has four children who are between the ages of 10 and 14. Since 1996, Maria has made a living selling used clothing. The clothing comes from America and Europe, and is washed, ironed and sold in bulk by wholesalers in Tanzania to people like Maria, who in turn sell it on the streets and in surrounding towns and villages. This type of clothing is becoming increasingly popular, especially among younger people because of its low cost and the general appeal of anything modern.

She works at her business for 9-12 hours per day, six days a week. Maria earns about $150 from her work, and is applying for this loan to buy more clothes in bulk to sell. In the future, she hopes to improve the quality and range of the products she sells. Maria 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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Lenders to this entrepreneur

Linda
Seattle, WA
United States

the Dies Family
CT and MA (USA), Japan,

Rune
Frederiksberg,
Denmark

Anonymous
Oslo, Oslo
Norway

Keith
San Mateo, CA
United States

christine
paris,
France

Bill
Arlington, VA
United States

ana
wien,
Austria

Doris
Bronx, NY
United States

Anonymous
Rockville, MD
United States

John
austin, TX
United States

Jennifer
Glenwood Springs, CO
United States

Rev. Timmy
New York, NY
United States

Intervest Global Live
Bundall, Queensland
Australia

Sandra
Frederick, MD
United States

Kerrie
Carrara, Queensland
Australia

Lars
Copenhagen,
Denmark

Hanna
Seattle, WA
United States

Anonymous

Mary Ann
Dallas, TX
United States



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Journal entries for Maria Mwanisunje


Loan has been disbursed
 
Entrepreneur: Maria Mwanisunje
Location: Mbeya, Tanzania

Thank you for your loan. It has been disbursed to MARIA MWANISUNJE 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 Mbeya, Tanzania
Oct 30, 2009
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Kiva Help Repayment Schedule for Maria Mwanisunje

  Expected Repayments Actual Repayments Comments
January 2010 $52.08 Available Jan 1  
February 2010 $52.09 Available Feb 1  
March 2010 $52.08 Available Mar 1  
April 2010 $52.08 Available Apr 1  
May 2010 $52.09 Available May 1  
June 2010 $52.08 Available Jun 1  
July 2010 $52.08 Available Jul 1  
August 2010 $52.09 Available Aug 1  
September 2010 $52.08 Available Sep 1  
October 2010 $52.08 Available Oct 1  
November 2010 $52.09 Available Nov 1  
December 2010 $52.08 Available Dec 1