Upendo North Group
Status: Paying Back - Delinquent
| $350.00 | Loan Amount |
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0% repaid
About the Group
| Group Name: | Upendo North Group |
|---|---|
| Group Members: |
Siwazuri Kaguo Jenisia Mnuo |
| Location: | Iringa, Tanzania |
| Activity: | Fruits & Vegetables |
About the Loan
| Loan Amount: | $350.00 |
|---|---|
| Loan Use: | To buy more vegetables to sell |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Jul 29, 2009 |
| Date Disbursed: | Jul 6, 2009 |
| Date Funded: | Jul 29, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | BRAC Tanzania |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Paused |
| Time On Kiva: | 23 months |
| Kiva Entrepreneurs: | 7176 |
| Total Loans: | $1,392,625 |
| Delinquency Rate: | 46.77% |
| 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: | 1,329.0000 TZS = 1 USD |
Siwazuri is a member of the Upendo North borrower group in Kinyanambo, Iringa. She is a 23-year-old woman, is single, and is the mother of one child aged 2 years.
Siwazuri started her own business selling vegetables three years ago. She works twelve hours a day and earns a monthly profit of approximately 240,000 Tanzania Shillings.
This is Siwazuri’s first loan from BRAC Tanzania. She has requested 200,000 Tsh in order to buy more vegetables. With the additional profit she gains from the use of this loan, Siwazuri hopes to save money and expand her business.
Jenisia, another member of the Upendo North borrower group, has requested 250,000 Tsh in order to support her own food business.
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
Siwazuri started her own business selling vegetables three years ago. She works twelve hours a day and earns a monthly profit of approximately 240,000 Tanzania Shillings.
This is Siwazuri’s first loan from BRAC Tanzania. She has requested 200,000 Tsh in order to buy more vegetables. With the additional profit she gains from the use of this loan, Siwazuri hopes to save money and expand her business.
Jenisia, another member of the Upendo North borrower group, has requested 250,000 Tsh in order to support her own food business.
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 Upendo North Group
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Loan has been disbursed
Location: Iringa, Tanzania
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Posted by
from Iringa, Tanzania
Jul 30, 2009 |
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Comment on this entry
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Repayment Schedule for Upendo North Group
Repayment Schedule for Upendo North Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| September 2009 | $20.19 | $0.00 |  Delinquent
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| October 2009 | $33.66 | $0.00 | Delinquent
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| November 2009 | $26.92 | $0.00 | Delinquent
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| December 2009 | $26.92 | Available Dec 1 | |||
| January 2010 | $33.66 | Available Jan 1 | |||
| February 2010 | $26.92 | Available Feb 1 | |||
| March 2010 | $26.92 | Available Mar 1 | |||
| April 2010 | $26.93 | Available Apr 1 | |||
| May 2010 | $33.65 | Available May 1 | |||
| June 2010 | $26.92 | Available Jun 1 | |||
| July 2010 | $33.66 | Available Jul 1 | |||
| August 2010 | $26.92 | Available Aug 1 | |||
| September 2010 | $6.73 | Available Sep 1 | |||
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