Tujumuike Group
Status: Paid Back
| $3,450.00 | Loan Request | |
|---|---|---|
| $3,450.00 | Paid Back |
About the Group
| Group Name: | Tujumuike Group |
|---|---|
| Group Members: |
Amosi Mwanda Msinune Seif Zulfa Jafari (not pictured) Dorice Kweka Salama Mbwana Moza Hemed Halima Omary Fatuma Said Mwajuma Issa Judith Moses Fatuma Ally Bahati Ally Aisha Athuman Peter Mwita (not pictured) Mariam Athuman Winfrida Elias |
| Location: | Dar Es Salaam, Tanzania |
| Activity: | Clothing Sales |
About the Loan
| Loan Amount: | $3,450.00 |
|---|---|
| Loan Use: | To increase his capital and to buy more material |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | May 5, 2009 |
| Date Disbursed: | Apr 21, 2009 |
| Date Funded: | May 7, 2009 |
| Loan Ended: | Sep 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Tujijenge Tanzania Ltd |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 24 months |
| Kiva Entrepreneurs: | 4029 |
| Total Loans: | $916,375 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Tanzania |
|---|---|
| Avg Annual Income: | $723.00 |
| Currency: | Tanzania Shillings (TZS) |
| Exchange Rate: | 1,342.8000 TZS = 1 USD |
This will be Amosi’s fourth loan from Tujijenge Tanzania. He used the previous loans to increase his businesses and also bought a zigzag machine and has paid back his loans successfully. He wants to use the new loan to increase his capital and to buy more material.
Amosi will share this loan with his group Tujumwike, which totals 16 members. The members hold each other accountable in paying back their loans. In the picture, Amosi is the only man.
About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more
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Journal entries for Tujumuike Group
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Loan has been disbursed
Location: Dar Es Salaam, Tanzania
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Posted by
from Dar Es Salaam, Tanzania
May 8, 2009 |
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Comment on this entry
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He is progressing finely!
Location: Dar Es Salaam, Tanzania
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Posted by
Rita Nyaborogo from Dar Es Salaam, Tanzania
Aug 21, 2009 |
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Comments (1)
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Repayment Schedule for Tujumuike Group
Repayment Schedule for Tujumuike Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| July 2009 | $1,150.00 | $1,150.00 |  Repayment Received
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| August 2009 | $920.00 | $920.00 | Repayment Received
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| September 2009 | $1,150.00 | $1,150.00 | Repayment Received
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| October 2009 | $230.00 | $230.00 | Repayment Received
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