Eva Mwashambwa

Status: Paying Back

$325
Loan Request
Disbursed : Nov 30, 2009
Listed: Nov 17, 2009
Funded: Nov 18, 2009
16% repaid

About the Country

Country:Tanzania
Avg Annual Income:$723
Currency:Tanzania Shillings (TZS)
Exchange Rate:1,326.0000 TZS = 1 USD


About the Loan

Location: Mbozi, Tanzania   Repayment Term: 8 months
(more info)
Activity: Cereals   Repayment Schedule: Monthly
Loan Use: To purchase crops in bulk   Currency Exchange Loss: Possible
      Default Protection: Covered
Mambo from Tanzania! This is 43-year-old Eva Mwashambwa from Mbozi. She is married with four children between the ages of 7 and 20. Eva has been running a crops business since 2003, purchasing and selling crops. She works at the business for 9-12 hours per day, six days per week. Eva currently earns about 90 USD from her business. She is requesting a loan in order to purchase crops in bulk for her business. In the future, she plans to improve the quality and range of her products. Eva thanks you for your 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 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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Lenders to this entrepreneur

Trace
Solana Beach, CA
United States

Laurent D
Brussels,
Belgium

mrjay42
Lyon,
France

Teemu
Oulu, OU
Finland

chio
Berlin,
Germany

Krishna
Nashua, NH
United States

Mathias
Hamburg,
Germany

Jens

Germany

Ricardo Batista
Enschede,
Netherlands

Peter
PERTH, Western Australia
Australia



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Journal entries for Eva Mwashambwa


Loan to EVA MWASHAMBWA in Tanzania has been 100% funded
 
Entrepreneur: Eva Mwashambwa
Location: Mbozi, Tanzania

Thanks to you and 9 other Kiva Lenders, the 325.00 loan requested by EVA MWASHAMBWA in Tanzania has been 100% funded. The loan will be used for the purpose of: To purchase crops in bulk.

Over the months of this loan, Kiva’s Field Partner in Tanzania, Sero Lease and Finance Ltd. (SELFINA), will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Mbozi, Tanzania
Nov 18, 2009
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Kiva Help Repayment Schedule for Eva Mwashambwa

  Expected Repayments Actual Repayments Comments
February 2010 $54.17 $54.17 Repayment Received
March 2010 $54.16 Available Mar 1  
April 2010 $54.17 Available Apr 1  
May 2010 $54.17 Available May 1  
June 2010 $54.16 Available Jun 1  
July 2010 $54.17 Available Jul 1