Nia Njema Group
Status: Paid Back
| $3,500.00 | Loan Request | |
|---|---|---|
| $3,500.00 | Paid Back |
About the Group
| Group Name: | Nia Njema Group |
|---|---|
| Group Members: |
Mneke Mneke Azizi Ally (not pictured) Mariam Hemedy Asha Rajabu Masha Mhida Sulieth Felix Laiga Mohamed Christina Daudi Felisiana Kakiza Kisa Alipo Asna Ngati Rukia Makele Kamilius Kamilius Dastan Mhando Yusuph Issa Rehema Odatu Tatu Kasim Gracius Hubert |
| Location: | Dar Es Salaam, Tanzania |
| Activity: | General Store |
About the Loan
| Loan Amount: | $3,500.00 |
|---|---|
| Loan Use: | To start selling clothes like sarong, fabrics, shirts and trousers. |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 12, 2009 |
| Date Disbursed: | Jun 11, 2009 |
| Date Funded: | Jun 16, 2009 |
| Loan Ended: | Nov 16, 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: | 1,315.0000 TZS = 1 USD |
Mneke S. Mneke, age 51, is married with two children aged 17 and 4. He has a kiosk business, which he started in 2000, selling all types of things like sugar, wheat flour, beer, soda, juice and water. He works daily from 6 a.m. until 9 p.m. and is able to earn a monthly profit of around $107.
This will be Mneke’s seventh loan from Tujijenge Tanzania. He used the previous loans to improve and increase his kiosk business and has repaid the loans successfully. He hopes, with the seventh loan, to even sell sarongs, fabrics, shirts and trousers.
Mneke will share this loan with his loan group, Nia Njema, which totals eighteen members. The members of the group hold each other accountable in paying back their loans. In the picture, Mneke is in a blue shirt in the back row.
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
This will be Mneke’s seventh loan from Tujijenge Tanzania. He used the previous loans to improve and increase his kiosk business and has repaid the loans successfully. He hopes, with the seventh loan, to even sell sarongs, fabrics, shirts and trousers.
Mneke will share this loan with his loan group, Nia Njema, which totals eighteen members. The members of the group hold each other accountable in paying back their loans. In the picture, Mneke is in a blue shirt in the back row.
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 Nia Njema 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
Jun 17, 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
Oct 1, 2009 |
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Comments (1)
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Repayment Schedule for Nia Njema Group
Repayment Schedule for Nia Njema Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2009 | $437.50 | $437.50 |  Repayment Received
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| September 2009 | $875.00 | $875.00 | Repayment Received
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| October 2009 | $875.00 | $875.00 | Repayment Received
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| November 2009 | $875.00 | $875.00 | Repayment Received
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| December 2009 | $437.50 | $437.50 | Repayment Received
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