Almas Group
Status: Paid Back
| $4,925.00 | Loan Request | |
|---|---|---|
| $4,925.00 | Paid Back |
About the Group
| Group Name: | Almas Group |
|---|---|
| Group Members: |
Salma Ally Aisha Maslahi Ashura Matasi Mwanahamisi Seleman Asha Abdalah Fatuma Hussein Bibie Sufian Ashura Ismail Mwanakombo Iddi Eva Majemba Samwel Matupa Joseph Chingongo Shaban Said Mariam Ally Sophia Mwalim Amwa Jumanne Sharifa Abdallah Jaka Hamis Hamza Tausi Jalia Aboul Ezra Palla Maulid Rashid |
| Location: | Dar Es Salaam, Tanzania |
| Activity: | Clothing Sales |
About the Loan
| Loan Amount: | $4,925.00 |
|---|---|
| Loan Use: | To increase her stock of clothing and to buy bricks |
| 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 |
Salma Ally, age 30, is single with no child. She sells clothes from her home and also door to door. She started this business in 1968 and works from 10 a.m. to 4 p.m. daily. She is able to earn a monthly profit of about $114.
This will be Salma’s 6th loan from Tujijenge Tanzania. She used the previous loans to increase her clothing business, bought house furniture, bought land and has paid back her loans successfully. She hopes to get her 6th loan to increase her capital and to buy bricks.
Salma will share this loan with her group, Almas, which totals twenty-two members. These members will hold each other accountable in paying back their loans. In the picture, Salma is second from the left in a black blouse and yellow skirt.
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 Salma’s 6th loan from Tujijenge Tanzania. She used the previous loans to increase her clothing business, bought house furniture, bought land and has paid back her loans successfully. She hopes to get her 6th loan to increase her capital and to buy bricks.
Salma will share this loan with her group, Almas, which totals twenty-two members. These members will hold each other accountable in paying back their loans. In the picture, Salma is second from the left in a black blouse and yellow skirt.
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 Almas 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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Comments (1)
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She is really happy and fine now!
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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Comment on this entry
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Repayment Schedule for Almas Group
Repayment Schedule for Almas Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2009 | $615.63 | $615.62 |  Repayment Received
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| September 2009 | $1,539.06 | $1,539.05 | Repayment Received
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| October 2009 | $1,231.25 | $1,231.27 | Repayment Received
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| November 2009 | $1,231.25 | $1,231.25 | Repayment Received
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| December 2009 | $307.81 | $307.81 | Repayment Received
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