Saumu's Sasa Kazi Group


Status: Paid Back

$250.00   Loan Request
$250.00   Paid Back

About the Group

Group Name: Saumu's Sasa Kazi Group
Group Members: Rukia Salimu
Saumu Charo
Location: Tanga, Tanzania
Activity: Shoe Sales

About the Loan

Loan Amount: $250.00
Loan Use: To buy more shoes for her business
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 9, 2008
Date Disbursed: May 25, 2008
Date Funded:May 11, 2008
Loan Ended:May 13, 2009

About the Country

Country:Tanzania
Avg Annual Income:$723.00
Currency:Tanzania Shillings (TZS)
Exchange Rate:1,207.5000 TZS = 1 USD



Saumu is 20 years old and is a single woman. Saumu is a shoes seller; she started her business in 2008. Every day she works from 8:00 AM to 4:30 PM at her business and can earn a monthly profit of about $60 from her sales.


She now hopes for a loan to buy more shoes for her business. She will share this loan with her subgroup member, Rukia, who has a business dealing in fish 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

Masahiro
Yosano, Kyoto
Japan

ross
glasgow, scotland
United Kingdom

Rebecca
lexington, MA
United States

Wendy
Vancouver, British Columbia
Canada

Melissa
Seattle, WA
United States

Ray
Bell, CA
United States

Yoshitsugu
, Tokyo
Japan

Matthias
Uster, ZH
Switzerland

jit
springfield, VA
United States

Susan
Charleston, SC
United States



Journal entries for Saumu's Sasa Kazi Group


Loan has been disbursed
 
Entrepreneur: Saumu's Sasa Kazi Group
Location: Tanga, Tanzania

Thank you for your loan. It has been disbursed to the Saumu's Sasa Kazi group, consisting of Saumu Charo, Rukia Salimu 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 Tanga, Tanzania
May 25, 2008
Comment on this entry

Kiva Help Repayment Schedule for Saumu's Sasa Kazi Group

  Expected Repayments Actual Repayments Comments
August 2008 $25.00 $25.00 Repayment Received
September 2008 $25.00 $25.00 Repayment Received
October 2008 $25.00 $25.00 Repayment Received
November 2008 $25.00 $25.00 Repayment Received
December 2008 $25.00 $25.00 Repayment Received
January 2009 $25.00 $25.00 Repayment Received
February 2009 $25.00 $25.00 Repayment Received
March 2009 $25.00 $25.00 Repayment Received
April 2009 $25.00 $25.00 Repayment Received
May 2009 $25.00 $25.00 Repayment Received