Miteda Group
Status: Paying Back
| $3,800.00 | Loan Amount |
|---|
68% repaid
About the Group
| Group Name: | Miteda Group |
|---|---|
| Group Members: |
Esther Omary Kassim Said Rajabu Juma Mussa Omary Exipedito Francis Maimuna Omary Steven John Asna Maringo Oriva Nelson Mariam Mohamed Setus Macarius Halima Nassoro Fatuma Abdul Mary Elibafuru Habiba Mohamed Rukia Rashid Zuhura Karimu Mariam Hassan Regina Daniel Hamis Selemani Tatu Waziri |
| Location: | Dar Es Salaam, Tanzania |
| Activity: | Fruits & Vegetables |
About the Loan
| Loan Amount: | $3,800.00 |
|---|---|
| Loan Use: | To increase stock |
| Repayment Term: | 5 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Aug 11, 2009 |
| Date Disbursed: | Aug 10, 2009 |
| Date Funded: | Aug 15, 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: | 1,310.0000 TZS = 1 USD |
Esther Omary, age 44, is a divorcee with two children ages 22 and 19 years. She has had a table top business, where she sells fruits and vegetables for 11years. She works daily from 9am until 6pm. She is able to earn a monthly profit of around $122.
This will be Esther’s 1st loan from Tujijenge Tanzania. She hopes to use this loan to increase her stock.
Esther will share this loan with her loan group, Miteda, which totals 21 members. The members of the group will hold each other accountable in paying back their loans. In the picture, Esther is 3rd from right, front 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 Esther’s 1st loan from Tujijenge Tanzania. She hopes to use this loan to increase her stock.
Esther will share this loan with her loan group, Miteda, which totals 21 members. The members of the group will hold each other accountable in paying back their loans. In the picture, Esther is 3rd from right, front 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 Miteda 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
Aug 16, 2009 |
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Comments (1)
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Repayment Schedule for Miteda Group
Repayment Schedule for Miteda Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2009 | $712.50 | $712.50 |  Repayment Received
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| November 2009 | $950.00 | $950.00 | Repayment Received
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| December 2009 | $950.00 | $950.00 | Repayment Received
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| January 2010 | $1,187.50 | Available Jan 1 | |||
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