Matata Juma


Status: Paying Back

$475.00   Loan Amount
68% repaid

About the Entrepreneur

Name: Matata Juma
Location: Dar Es Salaam, Tanzania
Activity: Grocery Store

About the Loan

Loan Amount: $475.00
Loan Use: To expand the business
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 6, 2009
Date Disbursed: Mar 4, 2009
Date Funded:Mar 6, 2009

About the Country

Country:Tanzania
Avg Annual Income:$723.00
Currency:Tanzania Shillings (TZS)
Exchange Rate:1,307.3200 TZS = 1 USD



Matata Juma is a micro-entrepreneur. He runs a loaf shop at Kisiwani in the Buguruni ward of Dar es Salaam. He purchases the business items wholesale from the bakery producers and sells retail to customers in his shop. He is sometimes supplied as an agent.


He has been in the business for six years. Income generated is used to meet his family's daily demand. He is requesting a loan of Tshs 600,000 to buy more business stock.


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Journal entries for Matata Juma


Loan has been disbursed
 
Entrepreneur: Matata Juma
Location: Dar Es Salaam, Tanzania

Thank you for your loan. It has been disbursed to Matata Juma by Youth Self Employment Foundation (YOSEFO) in Tanzania. We are excited to watch this business grow. Over the 11 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
Mar 7, 2009
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Kiva Help Repayment Schedule for Matata Juma

  Expected Repayments Actual Repayments Comments
May 2009 $28.50 $28.50 Repayment Received
June 2009 $47.50 $47.45 Repayment Received
July 2009 $38.00 $38.00 Repayment Received
August 2009 $38.00 $38.00 Repayment Received
September 2009 $47.50 $47.55 Repayment Received
October 2009 $38.00 $38.00 Repayment Received
November 2009 $47.50 $47.50 Repayment Received
December 2009 $38.00 $38.00 Repayment Received
January 2010 $38.00 Available Jan 1  
February 2010 $47.50 Available Feb 1  
March 2010 $38.00 Available Mar 1  
April 2010 $28.50 Available Apr 1