Nassoro Juma


Status: Paid Back

$1,000.00   Loan Request
$1,000.00   Paid Back

About the Entrepreneur

Name: Nassoro Juma
Location: Dar Es Salaam, Tanzania
Activity: Pharmacy

About the Loan

Loan Amount: $1,000.00
Loan Use: EXPAND PHARMACY
Repayment Term: 18 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Aug 27, 2007
Date Disbursed: Sep 10, 2007
Date Funded:Aug 27, 2007
Loan Ended:Jan 15, 2009

About the Country

Country:Tanzania
Avg Annual Income:$723.00
Currency:United States Dollars (USD)



Juma is 33 years old, and has been running a pharmacy for the past seven years. He is married with one kid. He buys his stock in Kariokoo, Dar Es Salaam’s biggest trading area.
His stock consists of medicine for malaria, coughs, all sorts of pains and other related problems. He buys his medicine directly from the wholesalers/suppliers of the medicine and he sells as a retailer. He always stocks once a week, but sometimes he is forced to stock daily for medicine that is in high demand.

Juma employs two people at his pharmacy and one relative always help him monitor critical issues for the business. Juma is facing stiff competition, as the area has so many other pharmacies due to the presence of a hospital near his area of business. It’s his hope, therefore, that if he secures a bigger loan, as big as USD1000, it will help him boost up his working capital and auspiciously compete with other people doing the same business. With the loan, he hopes to buy more stock.


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Lenders to this entrepreneur

Nancy
Parker, CO
United States

Paula
Derby, .
United Kingdom

Rick & Judy
Novato, CA
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Rob

New Zealand

Riccardo
Rionero in Vulture, Europe
Italy

Saeed
San Jose, CA
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Billy Chung Kwok
Saint Paul, MN
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Irving E
Miami, FL
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Tara
Bloomington, Indiana
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Avi
New York, NY
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Chris and Lisa
Granite Bay, CA
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Emily's Family
Santa Barbara, CA
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Yen
New York, NY
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Kirk Ireson

United States

Eric
Denver, CO
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Mir
Missouri City, TX
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mole333
Brooklyn, NY
United States

AllPeopleBeHappy
Houston, TX
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Prof. Dr.
Seabrook, NH
United States

Maryanne
Phoenix, AZ
United States



Journal entries for Nassoro Juma


Loan has been disbursed
 
Entrepreneur: Nassoro Juma
Location: Dar Es Salaam, Tanzania

Thank you for your loan. It has been disbursed to Nassoro Juma by Youth Self Employment Foundation in Tanzania. We are excited to watch this business grow. Over the next 15 - 21 months, Youth Self Employment Foundation will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by George Sebunya from Dar Es Salaam, Tanzania
Sep 10, 2007
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Kiva Help Repayment Schedule for Nassoro Juma

  Expected Repayments Actual Repayments Comments
December 2007 $66.67 $67.00 Repayment Received
January 2008 $66.67 $67.00 Repayment Received
February 2008 $66.67 $67.00 Repayment Received
March 2008 $66.67 $67.00 Repayment Received
April 2008 $66.67 $67.00 Repayment Received
May 2008 $66.67 $67.00 Repayment Received
June 2008 $66.67 $67.00 Repayment Received
July 2008 $66.67 $67.00 Repayment Received
August 2008 $66.67 $67.00 Repayment Received
September 2008 $66.67 $67.00 Repayment Received
October 2008 $66.67 $67.00 Repayment Received
November 2008 $66.67 $67.00 Repayment Received
December 2008 $66.67 $67.00 Repayment Received
January 2009 $66.67 $62.38 Repayment Received
February 2009 $66.62 $66.62 Repayment Received