Sara's Hiari Ya Moyo Group


Status: Paid Back

$750.00   Loan Request
$750.00   Paid Back

About the Group

Group Name: Sara's Hiari Ya Moyo Group
Group Members: Monica Kenedy
Pudensia Mandende
Zabira Ramadhani
Elizabeth Kisha
Sara Kigadye
Location: Tanga, Tanzania
Activity: Livestock

About the Loan

Loan Amount: $750.00
Loan Use: To buy more animals to increase her stock.
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 11, 2008
Date Disbursed: May 25, 2008
Date Funded:May 11, 2008
Loan Ended:May 10, 2009

About the Country

Country:Tanzania
Avg Annual Income:$723.00
Currency:Tanzania Shillings (TZS)
Exchange Rate:1,212.5000 TZS = 1 USD



Sara is 50 years old and is married with five children, ages 7 to 18 years old. She and her husband also take care of two other children. Sara owns a small animal stock, a business she started in 1998. Every day, she works from 7am to 6pm at her business and can earn a monthly profit of about $60 from her sales.


She now hopes for a loan to buy more animals to increase her stock. She will share this loan with her subgroup members Elizabeth, Zabira, Pudensia and Monica, who have businesses in fruits 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


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Lenders to this group

Anonymous
New Lebanon, OH
United States

Larry Schoonover
Puyallup, WA
United States

Wendie
RENKUM,
Netherlands

Mason Family
Edmond, OK
United States

Tom
Seevetal,
Germany

Holli
bellevue, WA
United States

Gilles
La Garde,
France

Toni
Flagstaff, AZ
United States

Valerie
Washington, DC
United States

Per M
Drammen,
Norway

Mary Ruth
Abilene, TX
United States

bernhard
Frederiksværk, Denmark
Denmark

michele
san jose, CA
United States

Anna
Sydney, New South Wales
Australia

grüvr ticket scout
Northborough, MA
United States



Journal entries for Sara's Hiari Ya Moyo Group


Loan has been disbursed
 
Entrepreneur: Sara's Hiari Ya Moyo Group
Location: Tanga, Tanzania

Thank you for your loan. It has been disbursed to the Sara's Hiari ya moyo group, consisting of Sara Kigadye, Elizabeth Kisha, Zabira Ramadhani, Pudensia Mandende, Monica Kenedy 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
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Kiva Help Repayment Schedule for Sara's Hiari Ya Moyo Group

  Expected Repayments Actual Repayments Comments
August 2008 $75.00 $75.00 Repayment Received
September 2008 $75.00 $75.00 Repayment Received
October 2008 $75.00 $75.00 Repayment Received
November 2008 $75.00 $75.00 Repayment Received
December 2008 $75.00 $75.00 Repayment Received
January 2009 $75.00 $75.00 Repayment Received
February 2009 $75.00 $75.00 Repayment Received
March 2009 $75.00 $75.00 Repayment Received
April 2009 $75.00 $75.00 Repayment Received
May 2009 $75.00 $75.00 Repayment Received