Atungani's Bustani Group
Status: Paid Back
| $1,050.00 | Loan Request | |
|---|---|---|
| $1,050.00 | Paid Back |
About the Group
| Group Name: | Atungani's Bustani Group |
|---|---|
| Group Members: |
Aziza Mohamed Zarina Mohamed Khadija Sufian Atungani John |
| Location: | Dar Es Salaam, Tanzania |
| Activity: | Tailoring |
About the Loan
| Loan Amount: | $1,050.00 |
|---|---|
| Loan Use: | To buy more items for her business. |
| Repayment Term: | 12 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Mar 7, 2008 |
| Date Disbursed: | Mar 22, 2008 |
| Date Funded: | Mar 8, 2008 |
| Loan Ended: | Mar 5, 2009 |
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: | 1,165.1500 TZS = 1 USD |
Atungani is a 33-year-old married woman with two children, ages 7 and 5. Atungani is tailor; she started this business in 2006. Every day she works from 8 a.m. to 5 p.m. at her business, where she earns a monthly profit of about $60.
In the past, Atungani has taken out two successful loans from BRAC Tanzania to expand her business. She now hopes for a loan to buy more items for her tailoring business. She will share this loan with her subgroup members, who have small businesses selling clothes and food.
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 Atungani's Bustani 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
Mar 23, 2008 |
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Comment on this entry
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Repayment Schedule for Atungani's Bustani Group
Repayment Schedule for Atungani's Bustani Group
| Expected Repayments | Actual Repayments | Comments | |||
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| June 2008 | $105.00 | $105.00 |  Repayment Received
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| July 2008 | $105.00 | $105.00 | Repayment Received
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| August 2008 | $105.00 | $105.00 | Repayment Received
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| September 2008 | $105.00 | $105.00 | Repayment Received
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| October 2008 | $105.00 | $105.00 | Repayment Received
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| November 2008 | $105.00 | $105.00 | Repayment Received
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| December 2008 | $105.00 | $105.00 | Repayment Received
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| January 2009 | $105.00 | $105.00 | Repayment Received
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| February 2009 | $105.00 | $105.00 | Repayment Received
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| March 2009 | $105.00 | $105.00 | Repayment Received
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