Neema Abdallah's Group


Status: Paid Back

$1,025.00   Loan Request
$1,025.00   Paid Back

About the Group

Group Name: Neema Abdallah's Group
Group Members: Neema Abdallah
Salma Ramadhan
Faraji Rashid
Baraka Juma
Sarah Mohamed
Nuru Stephen
Amina Hassan (not pictured)
Location: Dar Es Salaam, Tanzania
Activity: Clothing Sales

About the Loan

Loan Amount: $1,025.00
Loan Use: To increase on her pharmacy
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 4, 2009
Date Disbursed: Apr 30, 2009
Date Funded:May 5, 2009
Loan Ended:Sep 15, 2009

About the Country

Country:Tanzania
Avg Annual Income:$723.00
Currency:Tanzania Shillings (TZS)
Exchange Rate:1,335.6000 TZS = 1 USD



Neema Abudallah, age 26, is single with three children ages, 18, 16 and 12 years. She has a clothes and a pharmacy business which she started a year ago. She is able to earn a monthly profit of about $100.

This will be Neema’s second’s loan from Tujijenge Tanzania. She used the previous loan to open a small pharmacy and has paid back her loan successfully. She wants to get her second loan to increase on the pharmacy business.

Neema will share this loan with subgroup c of the Mandela group. The subgroup has 6 members, who sell second hand clothes, sell food, video cassettes and new clothes. These members will hold each other accountable in paying back their loans. In the picture, Neema is 1st on the right.




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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Lenders to this group

Anonymous

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Anonymous
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Michelle
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EditMe, LLC
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Anonymous
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Theresa & Allen
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Journal entries for Neema Abdallah's Group


Loan has been disbursed
 
Entrepreneur: Neema Abdallah's Group
Location: Dar Es Salaam, Tanzania

Thank you for your loan. It has been disbursed to Neema Abdallah's Group, consisting of Neema Abdallah, Salma Ramadhan, Faraji Rashid, Baraka Juma, Sarah Mohamed, Nuru Stephen, Amina Hassan by Tujijenge Tanzania Ltd in Tanzania. We are excited to watch this business grow. Over the 3 months of this loan, Tujijenge Tanzania Ltd will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Dar Es Salaam, Tanzania
May 6, 2009
Comment on this entry

she is really hard working
 
Entrepreneur: Neema Abdallah's Group
Location: Dar Es Salaam, Tanzania

Greetings from Tanzania! Thank you for supporting Neema Abdallah, and the Mandela group. I am happy to report she is doing extremely well. With the loan she received, she bought more pharmacy needs. As a result, her monthly profit rose to $120!Neema uses the additional profits to cover household expenses and pay her kids' tuition fees.Neema and the Mandela group are very grateful for the loan and are thankful to every one who has supported them.

To see other loans being fundraised by Tujijenge Tanzania, please click on the following link: http://www.kiva.org/app.php?page=businesses&partner_id=87&status=fundRaising&sortBy=New+to+Old&_tpg=fb


Posted by Rita Nyaborogo from Dar Es Salaam, Tanzania
Aug 21, 2009
Comment on this entry

Kiva Help Repayment Schedule for Neema Abdallah's Group

  Expected Repayments Actual Repayments Comments
July 2009 $256.24 $256.24 Repayment Received
August 2009 $256.24 $256.24 Repayment Received
September 2009 $320.30 $320.30 Repayment Received
October 2009 $192.22 $192.22 Repayment Received