Gema Kadama

Status: Paid Back

$875.00		Loan Request
$875.00		Paid Back

About the Entrepreneur

Name:	Gema Kadama
Location:	Dar Es Salaam, Tanzania
Activity:	Services

About the Loan

Loan Amount:	$875.00
Loan Use:	To buy more chairs, tables, and empty crates for her business
Repayment Term:	6 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Apr 3, 2008
Date Disbursed:	Apr 18, 2008
Date Funded:	Apr 4, 2008
Loan Ended:	Aug 18, 2008

About the Field Partner

Field Partner:

Tujijenge Tanzania Ltd

Field Partner Risk Rating:

(Learn more)

Active

24 months

4029

$916,375

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Tanzania
Avg Annual Income:	$723.00
Currency:	Tanzania Shillings (TZS)
Exchange Rate:	1,218.7500 TZS = 1 USD

Gema Kadama, age 54, is married and has 6 children (ages 30, 28, 26, 20, 18 and 14). Her business is a function hall, where she sells soft drinks and beer. She started the business 4 years ago. She works from 6am to 1am daily and is able to make a monthly profit of around $424.

In the past, Gema has taken out two previous loans from Tujijenge Tanzania to increase on business. She hopes for a new loan to buy chairs, tables, and empty crates for her business.

Lenders to this entrepreneur

Lisa
Hayward, CA
United States

Buchanan Family
www.kivafriends.org, Ramsey, NJ
United States

Sarah
Durham, NC
United States

Catherine
Brooklyn, NY
United States

David
Broomall, PA
United States

Allan & Molly
Ryderwood, WA
United States

Cody
New York, NY
United States

Robert and Pamela
San Jose, CA
United States

Anonymous
Claremont, NH
United States

Sarah
St. John's, Newfoundland
Canada

Howard & Jillian
Vence,
France

Jennifer
Chandler, AZ
United States

Lillian
Houston, TX
United States

Ryan
Seattle, WA
United States

Journal entries for Gema Kadama

Loan has been disbursed Entrepreneur: Gema Kadama Location: Dar Es Salaam, Tanzania Thank you for your loan. It has been disbursed to Gema Kadama by Tujijenge Tanzania Ltd in Tanzania. We are excited to watch this business grow. Over the next 4 months, Tujijenge Tanzania Ltd will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Dar Es Salaam, Tanzania Apr 18, 2008
Comment on this entry

The bar is very popular! Entrepreneur: Gema Kadama Location: Dar Es Salaam, Tanzania Gema Kadama has completed the loan term and has successfully paid back the loan and her bar business is doing well. With the loan she purchased chairs, tables and empty creates for 250000 Tanzania Shillings (around 230) Because of these purchases her monthly profit has increased from $424 to $660! Gema is very happy about this increase and it will help her pay for her family needs and education She will use extra profit to increase on business. She appreciate the opportunity for the loan and thank you for your support and encouragement.
Posted by Rita Nyaborogo from Dar Es Salaam, Tanzania Aug 21, 2008
Comments (1)

Repayment Schedule for Gema Kadama

Show Advanced

	Expected Repayments	Actual Repayments	Comments
July 2008	$218.75	$219.00	Repayment Received
August 2008	$218.75	$219.00	Repayment Received
September 2008	$218.75	$219.00	Repayment Received
October 2008	$218.75	$218.00	Repayment Received