Juliana Sononga


Status: Paid Back

$550.00   Loan Request
$550.00   Paid Back

About the Entrepreneur

Name: Juliana Sononga
Location: Dar Es Salaam, Tanzania
Activity: Clothing Sales

About the Loan

Loan Amount: $550.00
Loan Use: Buying new machines
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 20, 2007
Date Disbursed: Dec 4, 2007
Date Funded:Nov 20, 2007
Loan Ended:Jan 15, 2009

About the Country

Country:Tanzania
Avg Annual Income:$723.00
Currency:Tanzania Shillings (TZS)
Exchange Rate:1,126.8500 TZS = 1 USD



Juliana makes all types of clothes and sells them in the local market. She is married and has one child age 3 years. Her husband works with a small group of fishermen. Juliana is very hard working. She is asking for a loan of USD 550 to buy new machines for her business. She proposing to repay the loan in 12 months. She thanks you for your support.




About SELFINA

SELFINA is engaged in economic empowerment of women in Tanzania through leasing and leaseback facility as a practical way to achieve economic and social emancipation of women.



SELFINA has taken a lead role as a pioneer of micro-credit in Tanzania through Micro Leasing. Customs and traditions in Tanzania normally make it difficult for women to own land and assets, thus termed not-creditworthy by financial institutions as they lack tangible collateral assets. This leads to poor financial support hence poor access to basic needs and services for women with low incomes.



SELFINA buys and leases equipment to women. Where a client needs working capital SELFINA buys equipments from the said client extending a loan to her and then leases back the same equipment – a process called "sale and leaseback" arrangement.

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Lenders to this entrepreneur

Muslim Financer
Sunderland, UK, Dubai
United Arab Emirates

Claus-Peter
www.kivafriends.org,
Germany

Geir Halvor
Skjetten, Akershus
Norway

David
San Francisco, CA
United States

Anine
Frederiksberg,

The Giving Tree
Stanford, CA
United States

Steve & Thersa
Wheat Ridge, CO
United States

Kristin
Burlington, VT
United States

cobie
apeldoorn,
Netherlands

Nancy
Santa Monica, CA
United States

SisiBrumEE
Zastavka,
Czech Republic

LEISUREHAMMOCKS.COM
Regina,, Saskatchewan
Canada

Michael
Kansas City, MO
United States

Anonymous
Black Jack, MO
United States

elizabeth
novato, CA
United States

Henrik
Växjö,
Sweden

José Vítor Malheiros
Lisboa,
Portugal

Susan
Campbell, CA
United States

Elizabeth
Princeton, NJ
United States

Natasha
Melbourne
Australia

Anonymous
San Jose, CA
United States



Journal entries for Juliana Sononga


Loan has been disbursed
 
Entrepreneur: Juliana Sononga
Location: Dar Es Salaam, Tanzania

Thank you for your loan. It has been disbursed to Juliana Sononga by Sero Lease and Finance Ltd. (SELFINA) in Tanzania. We are excited to watch this business grow. Over the next 12 months, Sero Lease and Finance Ltd. (SELFINA) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Dar Es Salaam, Tanzania
Dec 5, 2007
Comments (7)

Juliana Sononga
 
Entrepreneur: Juliana Sononga
Location: Dar Es Salaam, Tanzania

Dear lenders,

Mambo (Greetings!) from Dar es salaam, Tanzania and from SELFINA! Thank you for your loan through Kiva to Juliana Sononga, a SELFINA client and micro-entrepreneur. The purpose of this journal is to update you on Juliana and the status of her business.

As you know, your generosity helped Juliana obtain a loan of $ 550 in December 2008. She is running a tailoring business, and she used the loan to purchase sewing machine and cloth.

She works at her business every day. Since she took out the loan, her business has been doing well and Juliana monthly profits have increased from about $100 for approximately $200. She has used these extra profits for paying school fee, paying water and electricity bills and buying food for her family.

In the future, she is planning to request a loan of $1000 from SELFINA with which she plans to expand her business by adding another sewing machine and cloth for making dresses. On the personal front, her family is doing well. As you may remember, she is married and has one child. SELFINA aims to continue to assist Juliana and other women like her, and empower them towards financial security and increased confidence through micro loans. Thank you very much for supporting Juliana! To continue to support women like her and lend to SELFINA borrowers, please click here:

http://www.kiva.org/app.php?page=businesses&partner_id=90&status=All&sortBy=New+to+Old&_tpg=fb

Asante tena (thank you again) for your support!


Posted by ANGANILE MWAKALONGE from Dar Es Salaam, Tanzania
Jan 23, 2009
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Kiva Help Repayment Schedule for Juliana Sononga

  Expected Repayments Actual Repayments Comments
March 2008 $45.83 $46.00 Repayment Received
April 2008 $45.83 $46.00 Repayment Received
May 2008 $45.83 $46.00 Repayment Received
June 2008 $45.83 $46.00 Repayment Received
July 2008 $45.83 $46.00 Repayment Received
August 2008 $45.83 $46.00 Repayment Received
September 2008 $45.83 $46.00 Repayment Received
October 2008 $45.83 $46.00 Repayment Received
November 2008 $45.83 $46.00 Repayment Received
December 2008 $45.83 $46.00 Repayment Received
January 2009 $45.83 $44.17 Repayment Received
February 2009 $45.87 $45.83 Repayment Received