Ibrahim's Juhudi Group


Status: Paid Back

$1,400.00   Loan Request
$1,400.00   Paid Back

About the Group

Group Name: Ibrahim's Juhudi Group
Group Members: Said Khalga
Juma Abdalah
Fatuma Matotole
Sefu Rashid
Selemani Boy
Ibrahim Mohamed
Location: Dar Es Salaam, Tanzania
Activity: General Store

About the Loan

Loan Amount: $1,400.00
Loan Use: To buy inventory for his general store
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 1, 2008
Date Disbursed: Apr 19, 2008
Date Funded:Apr 5, 2008
Loan Ended:Aug 19, 2008

About the Country

Country:Tanzania
Avg Annual Income:$723.00
Currency:Tanzania Shillings (TZS)
Exchange Rate:1,180.5000 TZS = 1 USD



Ibrahim, age 64, is married with 14 children. He runs a small general store and also has a garden where he grows vegetables which he sells at his shop. He started this business 10 years ago and currently makes about $40 a month from his sales. He works from 7am to 4pm daily.


In the past, he took four loans to expand his business and was able to pay these back successfully. With the loans, he purchased a plot of land and bought his garden. He also used the loan toward house expenses and school fees for his children. Ibrahim now hopes for a new loan to buy more stock for his shop and to use some of the money for building a new house.


Ibrahim will share this loan with his subgroup, whose members have businesses in clothing and general store sales.


In the picture, Ibrahim is in the red shirt.



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

Kay
Columbia, MD KivaFriends.org
United States

Laurence
Antibes,
France

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

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

Nazareth Academy
La Grange Park, IL
United States

Donal
Monkstown, Co. Dublin
Ireland

Howard & Jillian
Vence,
France

Anonymous
Kimberley, BC
Canada

Mark
Walnut Creek, CA
United States

Matthew
SAN FRANCISCO, CA
United States

ONE WORLD
Lyrestad,
Sweden

Sam Snyder
Lawrence, KS
United States

Claus-Peter
www.kivafriends.org,
Germany

Lorna & Critters
Kanata, Ontario
Canada

Peter
kivafriends.org, Brighton, England
United Kingdom

Geoff

Christmas Island

Janet
Naperville, IL
United States

Laurent D
Brussels,
Belgium

Inger Anne
Oslo,
Norway

Margaret kivafriends.org
Fairfield County, Connecticut
United States

Helena
New York, NY
United States

Hua Wei (Wendy)
Allston, MA
United States

John
Bethlehem, PA
United States

Alex
College Park, MD
United States

Grethe
Sandnes,
Norway

ronnie
yonkers, NY
United States

Erin
Dorchester, MA
United States

Samuel & Joyce
Denver, CO
United States

Breianne
Long Beach, CA
United States

Jake Fields
San Diego, CA
United States

Anonymous
Berkeley, CA
United States

Daniel
Santa Barbara, CA
United States

Sanjay
Welwyn Garden City, Hertfordshire
United Kingdom

Gretchen
Altadena, CA
United States

John
-, -
United States

Craig
Gifu, Gifu
Japan

Debra
Urbandale, IA
United States



Journal entries for Ibrahim's Juhudi Group


Loan has been disbursed
 
Entrepreneur: Ibrahim's Juhudi Group
Location: Dar Es Salaam, Tanzania

Thank you for your loan. It has been disbursed to the Ibrahim's Juhudi group, consisting of Ibrahim Mohamed, Selemani Boy, Sefu Rashid, Fatuma Matotole, Juma Abdalah, Said Khalga 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
Apr 19, 2008
Comments (3)

The General store and vegetables are really selling!
 
Entrepreneur: Ibrahim's Juhudi Group
Location: Dar Es Salaam, Tanzania

Ibrahim Mohamed and hissubgroup have completed their loan term and have successfully paid back the loan and the general store and vegetable businesses are going on well. With the loan he syocked his store and purchased netralizer for the vegetable. Because of these purchases his monthly profit has increased from $40 to $80! He is very happy about this increase and it will help him pay for his family needs and education. He and his group appreciate the opportunity for the loan and thank you for your support and encouragement.


Posted by Rita Nyaborogo from Dar Es Salaam, Tanzania
Aug 20, 2008
Comments (3)

Kiva Help Repayment Schedule for Ibrahim's Juhudi Group

  Expected Repayments Actual Repayments Comments
July 2008 $350.00 $350.00 Repayment Received
August 2008 $350.00 $350.00 Repayment Received
September 2008 $350.00 $350.00 Repayment Received
October 2008 $350.00 $350.00 Repayment Received