Halima's Utulivu Group


Status: Paid Back

$675.00   Loan Request
$675.00   Paid Back

About the Group

Group Name: Halima's Utulivu Group
Group Members: Mwasiti Ally
Aisha Omary
Nuru Abdallahi
Halima Athumani
Location: Dar Es Salaam, Tanzania
Activity: Electronics Sales

About the Loan

Loan Amount: $675.00
Loan Use: To buy more spare parts
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 17, 2008
Date Disbursed: Feb 1, 2008
Date Funded:Jan 18, 2008
Loan Ended:Jan 15, 2009

About the Country

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



Halima, age 35, is married with 3 children (ages 18, 15, and 12). She has a business of selling spare parts, which started in 1998. She works from 7am to 12pm daily, and this business brings a monthly profit of about $280 from the sales.


Halima hopes to expand her inventory with a loan, which she will share with her subgroup. Her subgroup has businesses in food and stationery 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


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Lenders to this group

Big Bully Cat's owner
Sunnyvale, CA
United States

SimplyBrilliantSolutions
New Minas, Nova Scotia
Canada

Steve and Myra
Vernon, CT
United States

andrew
Sliema, Sliema
Malta

Guillaume
Genève, GE
Switzerland

Mickey
Tucson, AZ
United States

John & Kathleen
Damariscotta, ME
United States

Ethan
St Louis Park, MN
United States

Ducson
Lumberton, NJ
United States

Anonymous

michael
milford, CT
United States

Henk
Hampton, Middlesex
United Kingdom

Kelly and Tom
Springfield, MA
United States

Samantha
Arvada, CO
United States

DavidD
Redmond, WA
United States

Marie, Tom & Cathi
München,
Germany

Alice
Los Angeles, CA
United States

Anonymous
Indianapolis, IN
United States

Bernie
Scotts Valley, CA
United States

franck
san diego, CA
United States

Sophie
Boston, MA
United States



Journal entries for Halima's Utulivu Group


Loan has been disbursed
 
Entrepreneur: Halima's Utulivu Group
Location: Dar Es Salaam, Tanzania

Thank you for your loan. It has been disbursed to Halima Athumani
Nuru Abdallahi
Aisha Omary
Mwasiti Ally 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
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Kiva Help Repayment Schedule for Halima's Utulivu Group

  Expected Repayments Actual Repayments Comments
May 2008 $67.50 $68.00 Repayment Received
June 2008 $67.50 $68.00 Repayment Received
July 2008 $67.50 $68.00 Repayment Received
August 2008 $67.50 $68.00 Repayment Received
September 2008 $67.50 $68.00 Repayment Received
October 2008 $67.50 $68.00 Repayment Received
November 2008 $67.50 $68.00 Repayment Received
December 2008 $67.50 $68.00 Repayment Received
January 2009 $67.50 $63.50 Repayment Received
February 2009 $67.50 $67.50 Repayment Received