Ipogolo D Group


Status: Paying Back - Delinquent

$350.00   Loan Amount
0% repaid

About the Group

Group Name: Ipogolo D Group
Group Members: Fabiola Lukas
Fabiola Lukas
Location: Iringa, Tanzania
Activity: Beauty Salon

About the Loan

Loan Amount: $350.00
Loan Use: To buy more supplies for her salon.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 20, 2009
Date Disbursed: Jun 20, 2009
Date Funded:Jul 20, 2009

About the Country

Country:Tanzania
Avg Annual Income:$723.00
Currency:Tanzania Shillings (TZS)
Exchange Rate:1,328.0000 TZS = 1 USD



Fabiola is a member of the Ipogolo D borrower group in Ruaha, Kilimanjaro. She is a 43-year-old married mother of 2. Her children are ages 18 and 20, respectively.

Fabiola has owned a salon for 5 years. She works 12 hours a day and earns a monthly profit of approximately 190,000 Tanzanian shillings (or about $140 US).

This is Fabiola’s 1st loan from BRAC Tanzania. She has requested 200,000 shillings (or about $155) in order to buy more supplies. With the additional profit she gains from the use of this loan, Fabiola hopes to expand her business.
Maria, another member of the Ipogolo D borrower group, has requested 250,000 shillings (or about $195) in order to support her business of selling snacks and charcoal.





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 Ipogolo D Group


Loan has been disbursed
 
Entrepreneur: Ipogolo D Group
Location: Iringa, Tanzania

Thank you for your loan. It has been disbursed to Ipogolo D Group, consisting of Fabiola Lukas, Fabiola Lukas by BRAC Tanzania in Tanzania. We are excited to watch this business grow. Over the 11 months of this loan, BRAC Tanzania will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Iringa, Tanzania
Jul 21, 2009
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Kiva Help Repayment Schedule for Ipogolo D Group

  Expected Repayments Actual Repayments Comments
September 2009 $40.38 $0.00 Delinquent
October 2009 $26.92 $0.00 Delinquent
November 2009 $26.92 $0.00 Delinquent
December 2009 $33.65 Available Dec 1  
January 2010 $26.92 Available Jan 1  
February 2010 $26.92 Available Feb 1  
March 2010 $33.65 Available Mar 1  
April 2010 $26.92 Available Apr 1  
May 2010 $26.92 Available May 1  
June 2010 $33.65 Available Jun 1  
July 2010 $26.92 Available Jul 1  
August 2010 $20.23 Available Aug 1