Mount Meru B Group

Status: Paid Back

$1,525.00		Loan Request
$1,525.00		Paid Back

About the Group

Group Name:	Mount Meru B Group
Group Members:	Mwenda Hamis Adinani Nassoro Karoli John Maneno Makunga Augustino Frank Juma Mpanduli Hamis Majeshi
Location:	Dar Es Salaam, Tanzania
Activity:	Furniture Making

About the Loan

Loan Amount:	$1,525.00
Loan Use:	To increase his business
Repayment Term:	6 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Jan 3, 2008
Date Disbursed:	Jan 17, 2008
Date Funded:	Jan 3, 2008
Loan Ended:	May 18, 2008

About the Field Partner

Field Partner:

Tujijenge Tanzania Ltd

Field Partner Risk Rating:

(Learn more)

Active

24 months

4029

$916,375

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Tanzania
Avg Annual Income:	$723.00
Currency:	Tanzania Shillings (TZS)
Exchange Rate:	1,161.0000 TZS = 1 USD

Hamis, age 42, is married. He owns a timber business which he started 2 years ago. His business is opened from 7a.m to 6p.m daily, and makes a monthly profit of around $27.

He hopes to take a loan with Tujijenge to increase his business. He will be sharing his loan with sub group members who have business dealing in selling charcoal, clothes, tailoring, shop, drinks, tools, and telephone.

In the picture, Hamis is second from left in the 1st raw.

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

Lenders to this group

Melanie, Justin and Sam
Providence, RI
United States

Sam Snyder
Lawrence, KS
United States

Craig
Truro, Nova Scotia
Canada

Martin
Montreal, Quebec
Canada

Carole and Eric
Cedar, MI
United States

Jeff
Burien, WA
United States

Mazy Gray
Mountain View, CA
United States

Bill
Edina, MN
United States

Dean & Lynn
Grand Prairie, TX
United States

Jill/John/Matt/Zac
Watertown, MA
United States

Claus-Peter
www.kivafriends.org,
Germany

Conway
Hampton, Victoria
Australia

Madeleine
Brookline, MA
United States

Anonymous
Towaco, NJ
United States

Marilyn and Rory
Galena, IL
United States

CLARENCE
LAGRANGE, GA
United States

Terrell
Washington, DC
United States

Rebecca
lexington, MA
United States

Diane R
KivaFriends.org, Santa Clara, CA
United States

Yarko
Ottawa Hills, OH
United States

Alan
Toronto, Ontario
Canada

Pamoja.org
Vancouver, BC
Canada

Joycelyn
San Francisco, CA
United States

Perry
Boston, MA
United States

Austin
Federal Way, WA
United States

Bruce
North East, PA
United States

olollo, inc.
Brooklyn, NY
United States

Roger
Lakewood, CO
United States

Dwight
Denver, CO
United States

Good Dogg
Front Porch, www.kivafriends.org
United States

John

Kevin
West Chester, OH
United States

Violets B and B
Rocky Harbour, Newfoundland,
Canada

Laine

Rita
Grand Prairie, Alberta
Canada

Dave
Denver, CO
United States

Harriet
Odessa, TX
United States

Joe
North Brunswick, NJ
United States

Howard
Titusville, FL
United States

Steve
Arlington, VA
United States

Brie & Emil A.
Santa Clara, CA
United States

Anonymous
Burnaby, British Columbia
Canada

Jennifer
San Jose, CA
United States

John

Aili
San Diego, CA
United States

Dorian

Jackie, Samantha & Matt
Burlington NJ, www.kivafriends.org
United States

Walter
Tampa, FL
United States

Phil
Sydney, NSW
Australia

Gabriele
Toronto, Ontario
Canada

Anonymous
Atlanta, GA
United States

Ryan
Seattle, WA
United States

Anonymous
Bothell, WA
United States

Richard
Crofton, MD
United States

Roland (no US loans)
Houten, Utrecht www.kivafriends.org
Netherlands

Journal entries for Mount Meru B Group

Loan has been disbursed Entrepreneur: Mount Meru B Group Location: Dar Es Salaam, Tanzania Thank you for your loan. It has been disbursed to Hamis Majeshi Juma Mpanduli Augustino Frank Maneno Makunga Karoli John Adinani Nassoro Mwenda Hamis by Tujijenge Tanzania Ltd in Tanzania. We are excited to watch this business grow. Over the next 4 months, Tujijenge Tanzania Ltd will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Dar Es Salaam, Tanzania Jan 18, 2008
Comment on this entry

The furniture mart is great! Entrepreneur: Mount Meru B Group Location: Dar Es Salaam, Tanzania Hamis Majeshi and his subgroup have completed their loan term and have successfully paid back the loan. With the loan, Hamis has bought items for the furniture mart worth 180,000 Tanzanian Shillings (about $125). Because of this new business he has managed to increase the monthly profit from about $30 to $50! Hamis is very happy about this increase and it will help his family with their household expenses. He wants to use his extra profit to improve the business. He and his subgroup appreciate the opportunity for the loan and thank you for your support and encouragement
Posted by Rita Nyaborogo from Dar Es Salaam, Tanzania May 26, 2008
Comments (2)

Repayment Schedule for Mount Meru B Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
April 2008	$381.25	$382.00	Repayment Received
May 2008	$381.25	$382.00	Repayment Received
June 2008	$381.25	$382.00	Repayment Received
July 2008	$381.25	$379.00	Repayment Received