Wailes Mibulani A Group


Status: Paid Back

$725.00   Loan Request
$725.00   Paid Back

About the Group

Group Name: Wailes Mibulani A Group
Group Members: Naima Omary
Sunday Amani
Fatuma Ally
Location: Dar Es Salaam, Tanzania
Activity: Clothing Sales

About the Loan

Loan Amount: $725.00
Loan Use: to buy clothes and shoes
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 22, 2007
Date Disbursed: Jan 6, 2008
Date Funded:Dec 23, 2007
Loan Ended:Feb 19, 2009

About the Country

Country:Tanzania
Avg Annual Income:$723.00
Currency:Tanzania Shillings (TZS)
Exchange Rate:1,120.0000 TZS = 1 USD



Fatuma Ally is married with 2 children (4 and 7 years old). Fatuma owns a clothes and shoes business which she started almost 3 years ago. Working from 10 am - 4 pm daily, she earns about $53 in profit a month from this business.


Fatuma is the leader of Subgroup A of Group Wailes-Mibulani , which totals 30 members. She will be sharing this loan with subgroup members Sunday Amani and Naima Omary, who have businesses dealing in food and clothes sales.


Fatuma now hopes for a loan to purchase more clothes and shoes.





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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Lenders to this group

Deema
Bellevue, WA
United States

ms. mew
Henderson, NV
United States

Peter
Toronto, ON
Canada

Martin
Takoma Park, MD
United States

Anonymous
Newark, CA
United States

Takahisa
Musashino-shi, Tokyo,
Japan

Melissa
Sacramento, CA
United States

Anonymous
San Luis Obispo, CA
United States

Allan
Pittsburg, California
United States

Amina
Seattle, Washington
United States

Jonathan
Corbin, KY
United States

Mauritz
Sandviken,
Sweden

Jesper
Copenhagen,

paul and jane
stafford, staffs

Thomas
Strusshamn,
Norway

Vanessa & Alex
Johannesburg, Gauteng
South Africa

Howard & Jillian
Vence,
France

Han

Michael Ja-el
Richmond, VA
United States



Journal entries for Wailes Mibulani A Group


Loan has been disbursed
 
Entrepreneur: Wailes Mibulani A Group
Location: Dar Es Salaam, Tanzania

Thank you for your loan. It has been disbursed to Fatuma Ally
Sunday Amani
Naima Omary by BRAC Tanzania in Tanzania. We are excited to watch this business grow. Over the next 12 months, BRAC Tanzania will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Dar Es Salaam, Tanzania
Jan 6, 2008
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Kiva Help Repayment Schedule for Wailes Mibulani A Group

  Expected Repayments Actual Repayments Comments
April 2008 $60.42 $61.00 Repayment Received
May 2008 $60.42 $61.00 Repayment Received
June 2008 $60.42 $61.00 Repayment Received
July 2008 $60.42 $61.00 Repayment Received
August 2008 $60.42 $61.00 Repayment Received
September 2008 $60.42 $61.00 Repayment Received
October 2008 $60.42 $61.00 Repayment Received
November 2008 $60.42 $61.00 Repayment Received
December 2008 $60.42 $61.00 Repayment Received
January 2009 $60.42 $55.17 Repayment Received
February 2009 $60.42 $60.42 Repayment Received
March 2009 $60.38 $60.41 Repayment Received