Grater Stuwat's Group
Status: Paying Back
| $3,175.00 | Loan Amount |
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62% repaid
About the Group
| Group Name: | Grater Stuwat's Group |
|---|---|
| Group Members: |
Grater Stuwat Khadija Kapinda Sabina James Athumani Salum Steven Paulo Devotha Mwanaglab Rukia Kauka Mhoja Shija Maghai Juma Fatuma Twahil Halima Seleman Asha Athumani Masha Ibrahimu Khadija Selemani Sakina Saidi Asha Abasi Salma Shabani Winston Wilson Beth Kambanga Ilada Kessy |
| Location: | Dar Es Salaam, Tanzania |
| Activity: | Cosmetics Sales |
About the Loan
| Loan Amount: | $3,175.00 |
|---|---|
| Loan Use: | To increase her business |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Aug 13, 2009 |
| Date Disbursed: | Aug 12, 2009 |
| Date Funded: | Aug 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: | 1,325.5000 TZS = 1 USD |
Grater Stuwat, age 37, is single with two children aged 18 and 16 years. She has a cosmetics shop which she started a year and a half ago. She works daily from 8 a.m. until 8 p.m. and is able to earn a monthly profit of around $50.
This will be Grater’s 2nd loan from Tujijenge Tanzania. She used the previous loan to buy more cosmetics and has paid it back successfully. She hopes for a new loan to further increase her business.
Grater will share this loan with her loan group, Uwazi na Ukweli, which totals twenty members. The members of the group hold each other accountable in paying back their loans. In the picture, Grater is in the middle in a blue blouse.
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 Grater’s 2nd loan from Tujijenge Tanzania. She used the previous loan to buy more cosmetics and has paid it back successfully. She hopes for a new loan to further increase her business.
Grater will share this loan with her loan group, Uwazi na Ukweli, which totals twenty members. The members of the group hold each other accountable in paying back their loans. In the picture, Grater is in the middle in a blue blouse.
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 Grater Stuwat's 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 17, 2009 |
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Comment on this entry
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Repayment Schedule for Grater Stuwat's Group
Repayment Schedule for Grater Stuwat's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2009 | $396.88 | $396.88 |  Repayment Received
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| November 2009 | $793.75 | $793.75 | Repayment Received
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| December 2009 | $793.75 | $793.75 | Repayment Received
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| January 2010 | $793.75 | Available Jan 1 | |||
| February 2010 | $396.87 | Available Feb 1 | |||
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