Subgroup C Of Group Tujikwamue Ukonga
Status: Paid Back
| $1,725.00 | Loan Request | |
|---|---|---|
| $1,725.00 | Paid Back |
About the Group
| Group Name: | Subgroup C Of Group Tujikwamue Ukonga |
|---|---|
| Group Members: |
Jane Vedasto Mery Michaeli Khadija Ally Joyce David Rabia Abdalah Mariamu Sleman Mohamed Yassin |
| Location: | Dar Es Salaam, Tanzania |
| Activity: | Retail |
About the Loan
| Loan Amount: | $1,725.00 |
|---|---|
| Loan Use: | Business expansion |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Dec 6, 2007 |
| Date Disbursed: | Dec 21, 2007 |
| Date Funded: | Dec 7, 2007 |
| Loan Ended: | Apr 21, 2008 |
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: | 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: | 1,178.0000 TZS = 1 USD |
Mohamed is the leader of Subgroup C of group Tujikwamue Ukonga (Tujikwamue meaning “progressing from one stage to another” in Swahili, and Ukonga being the location), which totals 55 members. He will be sharing this loan with his subgroup members: Mariamu Sleman (fish sales), Rabia Abdalah (fish and market sales), Joyce David (market sales), Khadija Ally (clothing and charcoal sales), Mery Michaeli (clothing sales), and Jane Vedasto (market sales). Mohamed knows his subgroup well, as they are all neighbors and have shared 2 previous loans from Tujijenge Tanzania, which they paid back successfully.
Mohamed used the previous loans to buy more stock of used clothing and tomatoes. With this new loan, he plans to once again purchase more used clothing.
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 Subgroup C Of Group Tujikwamue Ukonga
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Loan has been disbursed
Location: Dar Es Salaam, Tanzania
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Posted by
from Dar Es Salaam, Tanzania
Dec 21, 2007 |
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Comments (4)
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business is great!
Location: Dar Es Salaam, Tanzania
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Posted by
Rita Nyaborogo from Dar Es Salaam, Tanzania
Apr 24, 2008 |
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Comments (1)
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Repayment Schedule for Subgroup C Of Group Tujikwamue Ukonga
Repayment Schedule for Subgroup C Of Group Tujikwamue Ukonga
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| March 2008 | $431.25 | $432.00 |  Repayment Received
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| April 2008 | $431.25 | $432.00 | Repayment Received
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| May 2008 | $431.25 | $432.00 | Repayment Received
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| June 2008 | $431.25 | $429.00 | Repayment Received
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