Jane Mbuwha


Status: Paid Back

$350.00   Loan Request
$350.00   Paid Back

About the Entrepreneur

Name: Jane Mbuwha
Location: Mbeya, Tanzania
Activity: Grocery Store

About the Loan

Loan Amount: $350.00
Loan Use: To buy more stocks of beer and soft drinks in bulk.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 18, 2008
Date Disbursed: Aug 3, 2008
Date Funded:Jul 20, 2008
Loan Ended:Feb 15, 2009

About the Country

Country:Tanzania
Avg Annual Income:$723.00
Currency:Tanzania Shillings (TZS)
Exchange Rate:1,161.0000 TZS = 1 USD



Mambo from Mbeya, Tanzania! This is 38 year-old Jane Mbuwha. She is married, and has three children aged 12,15 and 18. She has two dependents who live with her because they are orphans. In 2006, Jane established her grocery business. Working seven days a week, and thirteen to sixteen hours a day, she earns about US $350 every month from this business. Jane requires a loan in order to buy more stocks of beer and soft drinks in bulk. She thanks you for your support.

Her bar is a good place to chill with a beer if you manage to finish work early on a Friday afternoon. It’s the kind of place where you kick back on a plastic chair under a tree, with a local beer in hand, the aroma of roasting ‘mishikaki’ (kebabs made on an open fire) wafting around you, and talk to anyone and everyone who happens to wander by.

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Lenders to this entrepreneur

Edie
Nashville, TN
United States

Rohit
Toronto, Ontario
Canada

Dennis
Chicago, IL
United States

Eric
Toronto, Ontario
Canada

Jennifer
North Vancouver, British Columbia
Canada

Elizabeth
Denver, CO
United States

Rachel
Montclair, NJ
United States

Daniel & Mia
Herzliya,
Israel

Brad Dunshee
Portland, OR
United States

Annie
Toronto, Ontario
Canada

Janice
San Gabriel, CA
United States

Good Dogg
Front Porch, www.kivafriends.org
United States

Barbara
Reservoir, Victoria
Australia



Journal entries for Jane Mbuwha


Loan has been disbursed
 
Entrepreneur: Jane Mbuwha
Location: Mbeya, Tanzania

Thank you for your loan. It has been disbursed to Jane Mbuwha by Sero Lease and Finance Ltd. (SELFINA) in Tanzania. We are excited to watch this business grow. Over the next 5 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 Mbeya, Tanzania
Aug 3, 2008
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Posted to Kiva
 
Entrepreneur: Jane Mbuwha
Location: Mbeya, Tanzania

Dear lenders,

Mambo from Mbeya, Tanzania and from SELFINA! Thank you for your loan through Kiva to Jane Mbuhwe, a SELFINA client and micro-entrepreneur. The purpose of this journal is to update you on Jane and the status of her business.

As you know, your generosity helped Jane obtain a loan of $350 in August 2008. She is running a grocery business and used the loan to purchase more stock of beer and soft drinks for her business She works at her business for 12 hours per day, 7 days per week. Since she took out the loan, her business has been doing well and Jane’s monthly profits have increased from about $240 to approximately $300. She has used these extra profits to successfully repay her loan as well as paying school fees of her children, and better food for her family

On the personal front, her family is doing well. She is married and has 3 children. Jane dreams about being able to continue to send her children to school and to have more children. SELFINA aims to continue to assist Jane and other women like her, and empower them towards financial security and increased confidence through microloans. Thank you very much for supporting Jane! 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


Posted by zephania mahenge from Mbeya, Tanzania
Feb 24, 2009
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Kiva Help Repayment Schedule for Jane Mbuwha

  Expected Repayments Actual Repayments Comments
November 2008 $70.00 $70.00 Repayment Received
December 2008 $70.00 $70.00 Repayment Received
January 2009 $70.00 $70.00 Repayment Received
February 2009 $70.00 $70.00 Repayment Received
March 2009 $70.00 $70.00 Repayment Received