Joyce Lymo
Status: Paying Back
| $775.00 | Loan Amount |
|---|
About the Entrepreneur
| Name: | Joyce Lymo |
|---|---|
| Location: | Dar Es Salaam, Tanzania |
| Activity: | Clothing Sales |
About the Loan
| Loan Amount: | $775.00 |
|---|---|
| Loan Use: | To purchase additional stocks of clothing |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jan 17, 2009 |
| Date Disbursed: | Jan 25, 2009 |
| Date Funded: | Jan 17, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Sero Lease and Finance Ltd. (SELFINA) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 24 months |
| Kiva Entrepreneurs: | 2221 |
| Total Loans: | $1,027,575 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Tanzania |
|---|---|
| Avg Annual Income: | $723.00 |
| Currency: | Tanzania Shillings (TZS) |
| Exchange Rate: | 1,300.0000 TZS = 1 USD |
Joyce currently earns about 400 USD from her business. She is requesting a loan of 775 USD in order to purchase additional stocks of clothing. She plans to increase the quantity and range of her inventory. Joyce thanks you for your support.
ABOUT SELFINA:
SELFINA has taken a lead role as a pioneer of micro-credit in Tanzania through Micro-Leasing. The organization is engaged in the economic empowerment of women in Tanzania through the provision of a leasing and leaseback microfinance facility.
Customs and traditions in Tanzania make it difficult for women to own land and assets, thus they are termed non-creditworthy by financial institutions. This leads to poor financial support and poor access to basic needs and services for women with low incomes.
One of the primary advantages of microleasing is that it allows clients to use the equipment as collateral for future loans with SELFINA, thus enabling them to borrow larger sums in the future.
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Journal entries for Joyce Lymo
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Loan has been disbursed
Location: Dar Es Salaam, Tanzania
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Posted by
from Dar Es Salaam, Tanzania
Jan 25, 2009 |
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Comment on this entry
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Repayment Schedule for Joyce Lymo
Repayment Schedule for Joyce Lymo
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| April 2009 | $64.58 | $64.58 |  Repayment Received
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| May 2009 | $64.58 | $64.58 | Repayment Received
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| June 2009 | $64.58 | $64.58 | Repayment Received
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| July 2009 | $64.58 | $64.58 | Repayment Received
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| August 2009 | $64.58 | $64.58 | Repayment Received
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| September 2009 | $64.58 | $64.58 | Repayment Received
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| October 2009 | $64.58 | $64.58 | Repayment Received
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| November 2009 | $64.58 | $64.58 | Repayment Received
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| December 2009 | $64.58 | $64.58 | Repayment Received
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| January 2010 | $64.58 | Available Jan 1 | |||
| February 2010 | $64.58 | Available Feb 1 | |||
| March 2010 | $64.62 | Available Mar 1 | |||
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