Sophia's Omax Group
Status: Paid Back
| $1,350.00 | Loan Request | |
|---|---|---|
| $1,350.00 | Paid Back |
About the Group
| Group Name: | Sophia's Omax Group |
|---|---|
| Group Members: |
Mary Towi Marcele Kiwango Rehema Kiana Pili Kiana Sophia Costa |
| Location: | Dar Es Salaam, Tanzania |
| Activity: | Cafe |
About the Loan
| Loan Amount: | $1,350.00 |
|---|---|
| Loan Use: | To buy food stock for her cafe |
| Repayment Term: | 12 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jan 12, 2008 |
| Date Disbursed: | Jan 26, 2008 |
| Date Funded: | Jan 12, 2008 |
| Loan Ended: | Dec 15, 2008 |
About the Field Partner
About the Field Partner
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| Field Partner: | BRAC Tanzania |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Paused |
| Time On Kiva: | 23 months |
| Kiva Entrepreneurs: | 7176 |
| Total Loans: | $1,392,625 |
| Delinquency Rate: | 46.77% |
| 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: | 1,140.0000 TZS = 1 USD |
In the past, Sophia took out a loan from BRAC Tanzania to buy food stock for her cafe. Having paid this back successfully, she now hopes for a new loan for the same purpose. She will share this loan with her subgroup, who have businesses dealing in sales of timber, food, and drinks.
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 Sophia's Omax 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
Jan 26, 2008 |
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Comment on this entry
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Repayment Schedule for Sophia's Omax Group
Repayment Schedule for Sophia's Omax Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| April 2008 | $135.00 | $135.00 |  Repayment Received
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| May 2008 | $135.00 | $135.00 | Repayment Received
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| June 2008 | $135.00 | $135.00 | Repayment Received
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| July 2008 | $135.00 | $135.00 | Repayment Received
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| August 2008 | $135.00 | $135.00 | Repayment Received
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| September 2008 | $135.00 | $135.00 | Repayment Received
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| October 2008 | $135.00 | $135.00 | Repayment Received
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| November 2008 | $135.00 | $135.00 | Repayment Received
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| December 2008 | $135.00 | $135.00 | Repayment Received
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| January 2009 | $135.00 | $135.00 | Repayment Received
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