Upendo Lazaro


Status: Paying Back

$775.00   Loan Amount
12% repaid

About the Entrepreneur

Name: Upendo Lazaro
Location: Dar Es Salaam, Tanzania
Activity: Clothing Sales

About the Loan

Loan Amount: $775.00
Loan Use: To buy more business goods to capitalize the business
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 2, 2009
Date Disbursed: Sep 25, 2009
Date Funded:Oct 3, 2009

About the Country

Country:Tanzania
Avg Annual Income:$723.00
Currency:Tanzania Shillings (TZS)
Exchange Rate:1,308.0000 TZS = 1 USD



Upendo Lazaro is a Tanzanian an entrepreneur business married woman. She runs a business of making and selling traditional clothes (baticks) to customers at Kigamboni ward in Dar es Salaam. She purchases the manufacturing materials from the baticks materials shop from the whole sales and retails. It is made by boiling together clothes sheets and different color s in ratios according to the market demand. Its demand is internally and externally and used to make different types of clothes designs. She needs a loan of Tshs 1,000,000 to buy more business materials.

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Journal entries for Upendo Lazaro


Loan has been disbursed
 
Entrepreneur: Upendo Lazaro
Location: Dar Es Salaam, Tanzania

Thank you for your loan. It has been disbursed to Upendo Lazaro by Youth Self Employment Foundation (YOSEFO) in Tanzania. We are excited to watch this business grow. Over the 9 months of this loan, Youth Self Employment Foundation (YOSEFO) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Dar Es Salaam, Tanzania
Oct 4, 2009
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Kiva Help Repayment Schedule for Upendo Lazaro

  Expected Repayments Actual Repayments Comments
December 2009 $96.88 $96.88 Repayment Received
January 2010 $77.50 Available Jan 1  
February 2010 $77.50 Available Feb 1  
March 2010 $96.87 Available Mar 1  
April 2010 $77.50 Available Apr 1  
May 2010 $77.50 Available May 1  
June 2010 $96.88 Available Jun 1  
July 2010 $77.50 Available Jul 1  
August 2010 $77.50 Available Aug 1  
September 2010 $19.37 Available Sep 1