Sylvestre Ephraem


Status: Paid Back

$475.00   Loan Request
$475.00   Paid Back

About the Entrepreneur

Name: Sylvestre Ephraem
Location: Dar Es Salaam, Tanzania
Activity: Charcoal Sales

About the Loan

Loan Amount: $475.00
Loan Use: To boost up the business
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 16, 2009
Date Disbursed: Feb 12, 2009
Date Funded:Feb 16, 2009
Loan Ended:Sep 15, 2009

About the Country

Country:Tanzania
Avg Annual Income:$723.00
Currency:Tanzania Shillings (TZS)
Exchange Rate:1,318.0000 TZS = 1 USD



Silvester Ephraem runs a business of selling charcoal at Yombo Vituka ward in Dar es Salaam. Ephraem is a married man with four children. Charcoal is the main source of power in most developing countries. This is due to high cost of electricity for low-income people. He has been in the business for three years. He purchases the charcoal direct from the producers and sells it retail to customers. He needs loan of Tshs 600,000 to buy more stocks.

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Journal entries for Sylvestre Ephraem


Loan has been disbursed
 
Entrepreneur: Sylvestre Ephraem
Location: Dar Es Salaam, Tanzania

Thank you for your loan. It has been disbursed to Sylvestre Ephraem by Youth Self Employment Foundation (YOSEFO) in Tanzania. We are excited to watch this business grow. Over the 5 months of this loan, Youth Self Employment Foundation (YOSEFO) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Dar Es Salaam, Tanzania
Feb 17, 2009
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Kiva Help Repayment Schedule for Sylvestre Ephraem

  Expected Repayments Actual Repayments Comments
April 2009 $38.00 $38.00 Repayment Received
May 2009 $76.00 $76.00 Repayment Received
June 2009 $95.00 $94.95 Repayment Received
July 2009 $76.00 $76.00 Repayment Received
August 2009 $76.00 $76.00 Repayment Received
September 2009 $95.00 $95.05 Repayment Received
October 2009 $19.00 $19.00 Repayment Received