Mwanaidi's Nyota Group


Status: Paid Back

$525.00   Loan Request
$525.00   Paid Back

About the Group

Group Name: Mwanaidi's Nyota Group
Group Members: Doto Ibrahim
Halima Muhando
Farida Hashim
Mwanaidi Salumu
Location: Dar Es Salaam, Tanzania
Activity: Beauty Salon

About the Loan

Loan Amount: $525.00
Loan Use: To expand services to customers
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 17, 2008
Date Disbursed: Jan 31, 2008
Date Funded:Jan 17, 2008
Loan Ended:Dec 15, 2008

About the Country

Country:Tanzania
Avg Annual Income:$723.00
Currency:Tanzania Shillings (TZS)
Exchange Rate:1,153.0000 TZS = 1 USD



Mwanaidi, age 24, is single and takes care of her 3-year-old nephew. She has a beauty salon, which she started in 2004. She works at the salon from 8am to 7pm daily, and now makes a monthly profit of about $135.


Mwanaidi hopes for a loan to increase her services to her customers. She will share this loan with her subgroup, who have businesses dealing in vegetable, fruit, and other food sales.



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


Subscribe

Lenders to this group

Diane
Bridport, Dorset
United Kingdom

TJ Middle School
Edison, NJ
United States

Jeanne
Kaunakakai, HI
United States

Bruce & Marya
san rafael, CA
United States

Dave
Burlington, Ontario
Canada

Karen
Castro Valley, CA
United States

John
Sedona, AZ
United States

Bakhshi Family
Walpole, MA
United States

Scott
Dayton, OH
United States

Cherry Quimpe
North Hills, CA
United States

Anonymous
Bellaire, CA
United States



Journal entries for Mwanaidi's Nyota Group


Loan has been disbursed
 
Entrepreneur: Mwanaidi's Nyota Group
Location: Dar Es Salaam, Tanzania

Thank you for your loan. It has been disbursed to Mwanaidi Salumu
Farida Hashim
Halima Muhando
Doto Ibrahim by BRAC Tanzania in Tanzania. We are excited to watch this business grow. Over the next 10 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
Feb 1, 2008
Comment on this entry

Kiva Help Repayment Schedule for Mwanaidi's Nyota Group

  Expected Repayments Actual Repayments Comments
April 2008 $52.50 $0.00 Repayment Received
May 2008 $52.50 $53.00 Repayment Received
June 2008 $52.50 $53.00 Repayment Received
July 2008 $52.50 $53.00 Repayment Received
August 2008 $52.50 $53.00 Repayment Received
September 2008 $52.50 $53.00 Repayment Received
October 2008 $52.50 $53.00 Repayment Received
November 2008 $52.50 $53.00 Repayment Received
December 2008 $52.50 $53.00 Repayment Received
January 2009 $52.50 $101.00 Repayment Received