Senada Musić


Status: Paying Back - Delinquent

$900.00   Loan Amount
83% repaid

About the Entrepreneur

Name: Senada Musić
Location: Gračanica, Bosnia and Herzegovina
Activity: Weaving

About the Loan

Loan Amount: $900.00
Loan Use: To buy wool and cotton.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 6, 2008
Date Disbursed: Sep 22, 2008
Date Funded:Sep 8, 2008

About the Country

Country:Bosnia and Herzegovina
Avg Annual Income:$6,600.00
Currency:Bosnia and Herzegovina Convertible Marka (BAM)
Exchange Rate:1.3475 BAM = 1 USD



Senada was born in 1977 and she is married. She lives with her family in Gračanica. She does the weave of sheets and small carpets, selling to her constant stream of customers.


With this loan in the amount of 1200 KM ($US900) she intends to buy new wool and cotton for her business. She wants to make new weave products and to expand her offerings in order to help her household with the money.


Subscribe

Lenders to this entrepreneur

Anonymous
Port Jefferson Station, NY
United States

Steven
Oakland, CA
United States

Karen
Wayne, NJ
United States

Betty
East Point, GA
United States

lori
Kensington, MD
United States

Heather
Medford, NJ
United States

Carol
Madison, WI
United States

Christopher
Pawtucket, RI
United States

Andrea
Alexandria, VA
United States

Peggy
Tofte, MN
United States

Anonymous
Cary, NC
United States

Jarrell
Los Angeles, CA
United States

"The Correct Change"
San Mateo, CA
United States

Nathan
Brooklyn, NY
United States

bisrat
houston, TX
United States

Martha
Santa Barbara, CA
United States

English Class
Rexburg, ID
United States

Katie
Lutz, FL
United States

Stella
Issaquah, WA
United States

Veronica&Jim
Courtice, Ontario
Canada

Carol
Cleveland, OH
United States

Juliann & Fred
Bay City, TX
United States

Jeff & Brigitte
Columbia, SC
United States

Cindy
Appleton, WI
United States

Kevin
Glen Burnie, MD
United States

Brandon & Kalina
Pittsburgh, PA
United States

Eckart
Haarlem, Noord Holland
Netherlands

Luther
APO, AE

Nina
Mullen, NE
United States

Berit
Gavle,
Sweden

Brian
Leonia, NJ
United States

Bill and Brenda
Tampa, FL
United States



Top Lending Teams for this entrepreneur


Ravelry.com
Common Interest
286 Members

Journal entries for Senada Musić


Loan has been disbursed
 
Entrepreneur: Senada Musić
Location: Gračanica, Bosnia and Herzegovina

Thank you for your loan. It has been disbursed to Senada Musić by Zene za Zene, a partner of Women for Women International in Bosnia and Herzegovina. We are excited to watch this business grow. Over the next 12 months, Zene za Zene, a partner of Women for Women International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Gračanica, Bosnia and Herzegovina
Sep 22, 2008
Comment on this entry

Kiva Fellow visits Senada
 
Entrepreneur: Senada Musić
Location: Gračanica, Bosnia and Herzegovina

When I enter Senada`s store, I feel reminded of a thrift shop where one buys sequined dresses and feather boas for Halloween. The store is clean and well-maintained, but there can be little order to a selection of clothes ranging from orange turtle necks to faux alligator skin boots.

Senada has striking green eyes, and she looks relaxed and happy among her customers. She explains that in the past, her primary business was selling used clothing. But the low margins led her to pursue other options, and she decided to make traditional table cloths, as her mother and grandmother had done before her.

This particular type of table cloth is extremely rare in Bosnia, as the required weaving machines are no longer manufactured. Senada, who inherited such a machine from her mother, has now been making the table cloths for 4 years. They are wildly popular, and Senada is overwhelmed with orders. She continues to work in the used clothing store by day, but now also works to weave the table cloths from her kitchen at night.

Senada requested a $900 loan through Women for Women International (funded on the Kiva website) in order to purchase additional wool and cotton, with the intention of expanding her business. She is satisfied with how her business is developing, and hopes to take an increasing number of orders from outside Gračanica.

I am attaching a photo of Senada with her daughter, insider her store which is also the bottom floor of her house. In the photo, her daughter is holding one of the white table cloths that Senada made and is now selling from her store and at the local marketplace.


Posted by Milena Arciszewski from Gračanica, Bosnia and Herzegovina
Oct 21, 2008
Comment on this entry

Kiva Help Repayment Schedule for Senada Musić

  Expected Repayments Actual Repayments Comments
December 2008 $75.00 $75.00 Repayment Received
January 2009 $75.00 $75.00 Repayment Received
February 2009 $75.00 $75.00 Repayment Received
March 2009 $75.00 $75.00 Repayment Received
April 2009 $75.00 $75.00 Repayment Received
May 2009 $75.00 $75.00 Repayment Received
June 2009 $75.00 $75.00 Repayment Received
July 2009 $75.00 $75.00 Repayment Received
August 2009 $75.00 $75.00 Repayment Received
September 2009 $75.00 $75.00 Repayment Received
October 2009 $75.00 $0.00 Delinquent
November 2009 $75.00 $0.00 Delinquent