Benadetha Nyamoga


Status: Paying Back

$625.00   Loan Amount
58% repaid

About the Entrepreneur

Name: Benadetha Nyamoga
Location: Dar Es Salaam, Tanzania
Activity: Soft Drinks

About the Loan

Loan Amount: $625.00
Loan Use: To purchase fruit for making juices and to buy stocks of soda and drinking water
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 18, 2009
Date Disbursed: Mar 25, 2009
Date Funded:Mar 19, 2009

About the Country

Country:Tanzania
Avg Annual Income:$723.00
Currency:Tanzania Shillings (TZS)
Exchange Rate:1,317.6000 TZS = 1 USD



Mambo ("Greetings") from Tanzania! This is 35-year-old Benadetha Nyamonga from Dar es Salaam She is married and has two children aged 3 and 6. She is also responsible for supporting two dependants because their parents cannot take care of them.

Benadetha has been selling soft drinks since 2004. She makes and sell juices, and sells soda, drinking water and other soft drinks. It is a good business to have in Dar es Salaam because the place is hot and people drink cold drinks frequently to cool their bodies. She works at her business for 9-12 hours per day, seven days per week and is assisted by two employees.

Benadetha currently earns about $200 USD from her business. She is requesting a loan to purchase fruit for making juices and for buying stocks of soda and drinking water. In the future, she plans to open another business. Benadetha thanks you for her support!

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 micro leasing is that is 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 Benadetha Nyamoga


Loan has been disbursed
 
Entrepreneur: Benadetha Nyamoga
Location: Dar Es Salaam, Tanzania

Thank you for your loan. It has been disbursed to BENADETHA NYAMOGA by Sero Lease and Finance Ltd. (SELFINA) in Tanzania. We are excited to watch this business grow. Over the 12 months of this loan, Sero Lease and Finance Ltd. (SELFINA) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Dar Es Salaam, Tanzania
Mar 25, 2009
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Kiva Help Repayment Schedule for Benadetha Nyamoga

  Expected Repayments Actual Repayments Comments
June 2009 $52.08 $52.08 Repayment Received
July 2009 $52.08 $52.08 Repayment Received
August 2009 $52.08 $52.08 Repayment Received
September 2009 $52.08 $52.08 Repayment Received
October 2009 $52.08 $52.08 Repayment Received
November 2009 $52.08 $52.08 Repayment Received
December 2009 $52.08 $52.08 Repayment Received
January 2010 $52.08 Available Jan 1  
February 2010 $52.08 Available Feb 1  
March 2010 $52.08 Available Mar 1  
April 2010 $52.08 Available Apr 1  
May 2010 $52.12 Available May 1