Lotus Group

Status: Paid Back

$2,975.00		Loan Request
$2,975.00		Paid Back

About the Group

Group Name:	Lotus Group
Group Members:	Jacob Matiku Helena Mathias Lute Micheal Salma Alufan Pricila Luhoga Salma Mohamed Stella Fundi Hamed Ally Bahati Pumbe (not pictured) Amina Stamili Hawa Rashid Peter Mbuna Zuhura Omari Nuni Ndomba Anna Sway Patrick Samwel Sarafina Kinyawa Andrea Reuben
Location:	Dar Es Salaam, Tanzania
Activity:	Fruits & Vegetables

About the Loan

Loan Amount:	$2,975.00
Loan Use:	To increase capital to buy more fruit and vegetables.
Repayment Term:	5 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	May 7, 2009
Date Disbursed:	May 6, 2009
Date Funded:	May 8, 2009
Loan Ended:	Sep 15, 2009

About the Field Partner

Field Partner:

Tujijenge Tanzania Ltd

Field Partner Risk Rating:

(Learn more)

Active

24 months

4029

$916,375

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Tanzania
Avg Annual Income:	$723.00
Currency:	Tanzania Shillings (TZS)
Exchange Rate:	1,330.5000 TZS = 1 USD

Jacob Matiku, aged 35, is single with one son of 5 years. He has had a table top business, selling vegetables and fruit, for four years now. He works from 6 am to 9 pm daily and he is able to earn a monthly profit of about $75.

This will be Jacob’s first loan from Tujijenge Tanzania. He wants to increase his capital so that he can buy more vegetables and fruit.

Jacob will share this loan with his group Lotus. The group has 18 members. They will hold each other accountable in paying back their loans. In the picture Jacob is seated in front, first on the left.

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

Lenders to this group

microfinance
Lewisburg, PA
United States

Cory
Dallas, TX
United States

Sue
Wexford, PA
United States

Julian
Hoboken, NJ
United States

Anonymous
Nampa, ID
United States

Jane
Waynesboro, VA
United States

Unbiased Wealth Mgmt.
Calgary, Alberta
Canada

Ayana
Maplewood, NJ
United States

John
Hingham, MA
United States

Christine
Westboro, MA
United States

Karla
Juneau, AK
United States

Laura
Wheaton, IL
United States

Roly and Adele
Englewood, FL
United States

Dan
Kissimmee, FL
United States

Poverty2Prosperity
San Francisco Bay Area, CA
United States

Hassan Syed

United States

Anonymous
Los Angeles, CA
United States

Anonymous
Boulder, CO
United States

Anonymous
Piscataway, NJ
United States

Anonymous
Redondo Beach, CA
United States

Martin
Loosdrecht,
Netherlands

Elm Middle School
Elmwood Park, IL
United States

L. W.
Frankfort, KY
United States

Sam
nyon,
Switzerland

Sayward
Gulfport, MS
United States

Saulo
Dublin, CA
United States

Katie
Santa Rosa, CA
United States

Sarah

Thibaud
MARSEILLE,
France

Steve
Edmonton, Alberta
Canada

Sue & Chuck
Irvine, CA
United States

Milo
copenhagen,
Denmark

Matthew
Oswego, NY
United States

Kurt
Oslo, Oslo
Norway

Jamie
Los Angles, California
United States

sandy
la crescenta, CA
United States

Drew
Brisbane, Queensland
Australia

The Mathilda

Curt
Nanaimo, British Columbia
Canada

Angel
Brandywine, MD
United States

Carol
Madison, WI
United States

Andrew
London,
United Kingdom

Alexis
Coventry, RI
United States

Quinton
Los Gatos, CA
United States

fred
Arcata, CA
United States

Carmen
Rutherford, New South Wales
Australia

Lachlan
Sandringham, Victoria
Australia

Terri
Sacramento, CA
United States

Kakee
Charlottesville, VA
United States

carien bitar-boerboom
KivaFriends.org, s hertogenbosch
Netherlands

Eric
Boston, MA
United States

Tico & Mary
Santo Domingo, DN
Dominican Republic

Enrico
Berkeley, CA
United States

Joanne
Arroyo Hondo, NM
United States

Elizabeth
Sleepy Hollow, NY
United States

Jason

Don
Calgary, Alberta
Canada

Kevin
Ladera Ranch, CA
United States

Elaine
Sorrento, FL
United States

Veronica
San Francisco, CA
United States

Tek
Moreno Valley, CA
United States

Lisa
SALT LAKE CITY, UT
United States

Eric

Phyllis
Allentown, PA
United States

Leonie & Ron
Sweet Home, OR
United States

SCHS Hodgson
Springbank, Alberta
Canada

Damien
Montréal, Québec
Canada

Lisa
Danville, CA
United States

RaviG
Los Altos Hills, CA
United States

William
Denton, TX
United States

TPK
Singapore, Singapore
Singapore

Sarah & Jim
Trout Lake, WA
United States

Kenan
Pasco, WA
United States

Ryan

Andy
Austin, TX
United States

Fredric
Unionville, VA
United States

Paul
Colorado Springs, CO
United States

Eileen

Howard & Jillian
Vence,
France

Susan Dixon and
Honolulu, HI
United States

william L.I. N.Y.
East M eadow, New York
United States

Steve
Costa Mesa, CA
United States

Anonymous

Anonymous
Regina, SK
Canada

Claudia and Wolfgang
Bonn,
Germany

Emily
Palo Alto, CA
United States

Dave and his girls
Huntington Beach, CA
United States

Kathleen
Irvine, CA
United States

Smokey
Perth, WA
Australia

Kiran
Bangalore, Karnataka
India

Top Lending Teams for this group

Poverty2Prosperity.org - Poverty-Escape
Businesses
1666 Members

LOTUS: Lend Out To Uplift Self-sufficiency
Common Interest
664 Members

Team Virginia
Local Area
274 Members

Team Obama
Common Interest
3022 Members

Singapore
Local Area
113 Members

Journal entries for Lotus Group

Loan has been disbursed Entrepreneur: Lotus Group Location: Dar Es Salaam, Tanzania Thank you for your loan. It has been disbursed to Lotus Group, consisting of Jacob Matiku, Helena Mathias, Lute Micheal, Salma Alufan, Pricila Luhoga, Salma Mohamed, Stella Fundi, Hamed Ally, Bahati Pumbe, Amina Stamili, Hawa Rashid, Peter Mbuna, Zuhura Omari, Nuni Ndomba, Anna Sway, Patrick Samwel, Sarafina Kinyawa, Andrea Reuben 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 8, 2009
Comment on this entry

He is doing fine! Entrepreneur: Lotus Group Location: Dar Es Salaam, Tanzania Greetings from Tanzania! Thank you for supporting Jacob Matiku and the Lotus group. I am happy to report he is doing extremely well. With the loan he received, he purchased more vegetables and fruits. As a result, his monthly profit rose to $82! He uses the additional profits to cover household expenses and to expand his stock. Jacob and the Lotus 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
Comments (3)

Repayment Schedule for Lotus Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
July 2009	$557.82	$557.82	Repayment Received
August 2009	$743.76	$743.76	Repayment Received
September 2009	$929.70	$929.70	Repayment Received
October 2009	$743.72	$743.72	Repayment Received