Range Group
Status: Paying Back
| $2,500.00 | Loan Amount |
|---|
0% repaid
About the Group
| Group Name: | Range Group |
|---|---|
| Group Members: |
Raphael Francis Maria Azanas (not pictured) Odilia Kalinga Josephat Myange Mwanne Omary Daniel Mtatiro Esther Daniel Rose Yya Leila Kipenzi Tatu Bakari Vailet Paru Cecilia Kimaro Jema Chatanda Zainabu Thabit Joyce Raphael |
| Location: | Dar Es Salaam, Tanzania |
| Activity: | Used Clothing |
About the Loan
| Loan Amount: | $2,500.00 |
|---|---|
| Loan Use: | Increase second-hand clothing stock |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Nov 1, 2009 |
| Date Disbursed: | Oct 29, 2009 |
| Date Funded: | Nov 3, 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: | 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: | 1,322.0000 TZS = 1 USD |
Raphael Francis, age 45, is married with three children, ages 18, 12 and 4. He has had a second-hand clothing business for one year now. He works daily from 8am until 6pm. He is able to earn a monthly profit of around $227.
This will be Raphael’s first loan from Tujijenge Tanzania. He hopes for a loan to increase the stock of the second-hand clothes he sells.
Raphael will share this loan with his loan group, Range, which consists of 15 members. The members of the group will hold each other accountable in paying back the loan. In the picture, Raphael is first on the right.
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 Raphael’s first loan from Tujijenge Tanzania. He hopes for a loan to increase the stock of the second-hand clothes he sells.
Raphael will share this loan with his loan group, Range, which consists of 15 members. The members of the group will hold each other accountable in paying back the loan. In the picture, Raphael is first on the right.
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 Range 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
Nov 4, 2009 |
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Comment on this entry
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Repayment Schedule for Range Group
Repayment Schedule for Range Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $625.00 | Available Jan 1 | |||
| February 2010 | $781.25 | Available Feb 1 | |||
| March 2010 | $625.00 | Available Mar 1 | |||
| April 2010 | $468.75 | Available Apr 1 | |||
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