Edina's Tanganyika B Group


Status: Paid Back

$1,350.00   Loan Request
$1,350.00   Paid Back

About the Group

Group Name: Edina's Tanganyika B Group
Group Members: Mohamed Mbwana
Joha Mohamed
Hadija Ramadhan
Johanes George
Rinus Richard
Edina Keneth
Location: Dar Es Salaam, Tanzania
Activity: Cloth & Dressmaking Supplies

About the Loan

Loan Amount: $1,350.00
Loan Use: To open a shop for her business
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 9, 2008
Date Disbursed: Mar 24, 2008
Date Funded:Mar 10, 2008
Loan Ended:Jul 24, 2008

About the Country

Country:Tanzania
Avg Annual Income:$723.00
Currency:Tanzania Shillings (TZS)
Exchange Rate:1,161.8000 TZS = 1 USD



Edina is 29 years old and is married with 2 sons (ages 4 and 8). She sells fabric and sarongs from 11am to 4pm daily and makes a monthly profit of about $45.


In the past, Edina took a loan from Tujijenge Tanzania to buy more fabrics to sell. Having paid this back successfully, she now hopes for a new loan to open a shop. She will share this loan with her subgroup whose members have businesses dealing in meat, food, and clothing 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

Howard & Jillian
Vence,
France

greta
Clearwater, FL
United States

Samuel
New Haven, MI
United States

Good Dogg
Front Porch, www.kivafriends.org
United States

Jenny
Bellevue, WA
United States

Anonymous
Austin, TX
United States

Buchanan Family
www.kivafriends.org, Ramsey, NJ
United States

Sherry
Gibsons, British Columbia
Canada

Laura
Alexandria, VA
United States

Kathleen
Del Mar, CA
United States

Jenni
NY
United States

Finn
Illinois
United States

Anonymous

paul
Toronto, Ontario
Canada

Lara Hanson
Irving, TX
United States

Kim
Waipahu, HI
United States

Janet & Bill
Ceres, CA
United States

Michele
San Anselmo, CA
United States

Joyce
Vancouver, BC
Canada

Michael
Seattle, WA
United States

Matt
Socorro, NM
United States

Paul
Leeds,
United Kingdom

Anonymous
Long Island, NY
United States

Laurent D
Brussels,
Belgium

Karen
Rock Island, IL
United States

Paul & Barbara
Simi Valley, CA
United States

Anonymous

Michelle Hight
Atlanta, GA
United States

Jerry Karen & Andrew
Acton, MA
United States

Doug
Tarzana, CA
United States

ONE WORLD
Lyrestad,
Sweden



Journal entries for Edina's Tanganyika B Group


Loan has been disbursed
 
Entrepreneur: Edina's Tanganyika B Group
Location: Dar Es Salaam, Tanzania

Thank you for your loan. It has been disbursed to the Edina's Tanganyika B group, consisting of Edina Keneth, Rinus Richard, Johanes George, Hadija Ramadhan, Joha Mohamed, Mohamed Mbwana 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 24, 2008
Comment on this entry

The fabrics and sarongs are realy selling!
 
Entrepreneur: Edina's Tanganyika B Group
Location: Dar Es Salaam, Tanzania

Edina Keneth and her subgroup have completed their loan term and have successfully paid back the loan and her new shop is doing fine. With the loan she purchased fabricks and sarongs for 130000 Tanzanian Shillings (about $120). Because of these purchases, her monthly profit has now increased by $100!. She is very happy about how her new business is progressing. She is going to use extra profit to increase on buiness.

She and her group appreciates the opportunity for the loan and thanks you for your support and encouragement


Posted by Rita Nyaborogo from Dar Es Salaam, Tanzania
Jul 24, 2008
Comment on this entry

Kiva Help Repayment Schedule for Edina's Tanganyika B Group

  Expected Repayments Actual Repayments Comments
June 2008 $337.50 $338.00 Repayment Received
July 2008 $337.50 $338.00 Repayment Received
August 2008 $337.50 $338.00 Repayment Received
September 2008 $337.50 $336.00 Repayment Received