Esther Tanzanite Group

Status: Paid Back

$1,825.00		Loan Request
$1,825.00		Paid Back

About the Group

Group Name:	Esther Tanzanite Group
Group Members:	Sefu Idd Saidi Mohamed Grace Titus Alawi Ally Esther Amoni
Location:	Dar Es Salaam, Tanzania
Activity:	Beauty Salon

About the Loan

Loan Amount:	$1,825.00
Loan Use:	to buy a printer and start a secretarial service
Repayment Term:	6 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Mar 3, 2008
Date Disbursed:	Mar 19, 2008
Date Funded:	Mar 5, 2008
Loan Ended:	Jul 19, 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:	1,164.8000 TZS = 1 USD

Esther Amoni , age 30, has got a child of ten. She has a beauty salon which she began 4 years ago. She works from 7:30am to 10pm daily and is able to make a monthly profit of around US$ 258.

In the past, Esther has taken out two loans from Tujijenge Tanzania to buy salon equipment. She hopes for a new loan to start a secretarial service. Esther will share this loan with her subgroup members who have shops, sell coconuts and have a butchery.

In the picture Esther is in the middle back row.

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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Daniel & Mia
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Liz & Rick
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Dirk L.

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William & Tanja
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Sam Snyder
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Rich
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Fred
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Cynthia
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Kellogg 1Y
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Diana
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Rachel
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Christine
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Gerhard
Markham, Ontario
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Bakatilo
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Ben

D&G
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Michael
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Jody & Leo
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Ryan
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Dan
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Aden and Esan

Will and Jill
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Susan
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Justin

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Helle
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Ali
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Andrew and Lori
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Tina
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Martin
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Barbara & Thom
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Zach
Boynton Beach, FL
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ncds3
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Flavio
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Cindy
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Cartwright
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Liz
Brooklyn, NY
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Journal entries for Esther Tanzanite Group

Loan has been disbursed Entrepreneur: Esther Tanzanite Group Location: Dar Es Salaam, Tanzania Thank you for your loan. It has been disbursed to the Esther Tanzanite group, consisting of Esther Amoni, Alawi Ally, Grace Titus, Saidi Mohamed, Sefu Idd 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 Mar 19, 2008
Comment on this entry

The salon is popular!! Entrepreneur: Esther Tanzanite Group Location: Dar Es Salaam, Tanzania Esther Amoni and her subgroup have completed their loan term and have successfully paid back the loan and her salon business is doing well. With the loan she purchased salon equipments for 140,000 Tanzanian Shillings (about $129). Because of these purchases, her monthly profit has increased from about $258 to $350! Esther is very happy about this increase and it will help her family with their household expenses. She hopes to use the extra profit to expand her business. She and her group appreciate the opportunity for the loan and thank you for your support and encouragement
Posted by Rita Nyaborogo from Dar Es Salaam, Tanzania Jul 22, 2008
Comment on this entry

Repayment Schedule for Esther Tanzanite Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
June 2008	$456.25	$457.00	Repayment Received
July 2008	$456.25	$457.00	Repayment Received
August 2008	$456.25	$457.00	Repayment Received
September 2008	$456.25	$454.00	Repayment Received