Said Bakari

Status: Paying Back

$625
Loan Request
Pre-Disbursed : Sep 3, 2009
Listed: Sep 12, 2009
Funded: Sep 17, 2009
42% repaid

About the Country

Country:Tanzania
Avg Annual Income:$723
Currency:Tanzania Shillings (TZS)
Exchange Rate:1,304.0000 TZS = 1 USD


About the Loan

Location: Dar Es Salaam, Tanzania   Repayment Term: 11 months
(more info)
Activity: Food Market   Repayment Schedule: Monthly
Loan Use: To buy more produce to expand his business   Currency Exchange Loss: Covered
      Default Protection: Not Covered
Said Bakari runs a wholesale business selling food crops. He is a Tanzanian entrepreneur and a married man.

Said purchases his goods wholesale, direct from the producers, and transports the produce to Dar es Salaam market where he sells wholesale to customers. He sells maize, wheat, beans, onions and tomatoes in season. He has been in the business for four years.

The business needs high capital funds. Said needs a loan of Tshs 800,000 to push up the business by buying more business goods.


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Journal entries for Said Bakari


Loan has been disbursed
 
Entrepreneur: Said Bakari
Location: Dar Es Salaam, Tanzania

Thank you for your loan. It has been disbursed to Said Bakari by Youth Self Employment Foundation (YOSEFO) in Tanzania. We are excited to watch this business grow. Over the 9 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
Sep 18, 2009
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Kiva Help Repayment Schedule for Said Bakari

  Expected Repayments Actual Repayments Comments
November 2009 $46.88 $46.88 Repayment Received
December 2009 $78.12 $78.12 Repayment Received
January 2010 $62.50 $62.50 Repayment Received
February 2010 $78.13 $78.13 Repayment Received
March 2010 $62.50 Available Mar 1  
April 2010 $62.50 Available Apr 1  
May 2010 $62.50 Available May 1  
June 2010 $78.12 Available Jun 1  
July 2010 $62.50 Available Jul 1  
August 2010 $31.25 Available Aug 1