Bahari Group
Status: Paying Back
| $4,625.00 | Loan Amount |
|---|
12% repaid
About the Group
| Group Name: | Bahari Group |
|---|---|
| Group Members: |
Dismas Chacha Rendard Mlowe Hawa Mbaraka Asia Juma Rehema Said Anna Yohana Julietha Mgatha Christina Warioba Charles Mchopa Mayasa Msham Mauud Juma Salome Martine Jesca Ndaba (not pictured) Ally Samamba Veronica Mswao Winifrida Adriano Maria Mtua Mwanaid Juma Zaria Said Arafa Saidi Zuhura Salehe |
| Location: | Dar Es Salaam, Tanzania |
| Activity: | General Store |
About the Loan
| Loan Amount: | $4,625.00 |
|---|---|
| Loan Use: | increasing the stock of his general store |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Oct 15, 2009 |
| Date Disbursed: | Oct 15, 2009 |
| Date Funded: | Oct 17, 2009 |
About the Field Partner
About the Field Partner
|
|
| Field Partner: | Tujijenge Tanzania Ltd |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 24 months |
| Kiva Entrepreneurs: | 4007 |
| Total Loans: | $910,950 |
| 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 |
Dismas Chacha, age 27, is single. He has a general store which he started in 2004. At the store, he sells rice, sugar, beans, and also items like cups and utensils. He works daily from 6am until 11pm. He is able to earn a monthly profit of around $152.
This will be Dismas’s 4th loan from Tujijenge Tanzania. He used the previous loans to increase the stock of his general store and has paid them back successfully. He hopes for a new loan to increase the size of his business.
Dismas will share this loan with his loan group, Bahari, which totals 21 members. The members of the group hold each other accountable in paying back their loans. In the picture, Dismas is 1st on the right, back row, with a red cap.
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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Diane R
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James S. Klich II
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Cindy M
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Mark
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Top Lending Teams for this group
Journal entries for Bahari 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
Oct 18, 2009 |
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Comment on this entry
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Repayment Schedule for Bahari Group
Repayment Schedule for Bahari Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $578.13 | $578.13 |  Repayment Received
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| January 2010 | $1,156.25 | Available Jan 1 | |||
| February 2010 | $1,156.25 | Available Feb 1 | |||
| March 2010 | $1,156.25 | Available Mar 1 | |||
| April 2010 | $578.12 | Available Apr 1 | |||
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