Rose Wenge
Status: Raised
| $250.00 | Loan Request | |
|---|---|---|
| $250.00 | Raised |
About the Entrepreneur
| Name: | Rose Wenge |
|---|---|
| Location: | Morogoro, Tanzania |
| Activity: | Retail |
About the Loan
| Loan Amount: | $250.00 |
|---|---|
| Loan Use: | To purchase additional stock in bulk for her business. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Nov 8, 2009 |
| Date Disbursed: | Nov 30, 2009 |
| Date Funded: | Nov 8, 2009 |
About the Field Partner
About the Field Partner
|
|
| Field Partner: | Sero Lease and Finance Ltd. (SELFINA) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 24 months |
| Kiva Entrepreneurs: | 2191 |
| Total Loans: | $1,018,800 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
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 30 year old Rose A. Wenge from Morogoro. She is married with 4 children between the ages of 2 and 10.
Rose has been running a duka business (neighborhood shop) since 2006. Rose sells common household and grocery items.
She works at the business for 12 hours per day, 6 days per week and is assisted by her husband. Rose is requesting a loan of TZS 300,000 in order to purchase additional stock in bulk for her business. In the future, she plans to increase the quantity and range of stock. Rose thanks you for your support!
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 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.
Rose has been running a duka business (neighborhood shop) since 2006. Rose sells common household and grocery items.
She works at the business for 12 hours per day, 6 days per week and is assisted by her husband. Rose is requesting a loan of TZS 300,000 in order to purchase additional stock in bulk for her business. In the future, she plans to increase the quantity and range of stock. Rose thanks you for your support!
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 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
Repayment Schedule for Rose Wenge
Repayment Schedule for Rose Wenge
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| 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 | |||
| November 2010 | $20.83 | Available Nov 1 | |||
| December 2010 | $20.84 | Available Dec 1 | |||
| January 2011 | $20.83 | Available Jan 1 | |||
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