Euniles's Nyota Njema Group
Status: Paid Back
| $775.00 | Loan Request | |
|---|---|---|
| $775.00 | Paid Back |
About the Group
| Group Name: | Euniles's Nyota Njema Group |
|---|---|
| Group Members: |
Ruth Stephan Asnath Ebeneza Helena Ismail Lilian Likilelye Eunile Zefania |
| Location: | Arusha, Tanzania |
| Activity: | Livestock |
About the Loan
| Loan Amount: | $775.00 |
|---|---|
| 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 20, 2008 |
| Date Disbursed: | Jun 5, 2008 |
| Date Funded: | May 22, 2008 |
| Loan Ended: | May 22, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | BRAC Tanzania |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Paused |
| Time On Kiva: | 23 months |
| Kiva Entrepreneurs: | 7176 |
| Total Loans: | $1,392,625 |
| Delinquency Rate: | 46.77% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Tanzania |
|---|---|
| Avg Annual Income: | $723.00 |
| Currency: | Tanzania Shillings (TZS) |
| Exchange Rate: | 1,226.0000 TZS = 1 USD |
Eunile now hopes for a loan to buy more animals to increase her stock. She will share this loan with her subgroup members, who have businesses dealing in clothing sales, a beauty salon, a general shop and used clothes sales.
This is a group loan. The loan funds will be distributed among the group members, each of whom will invest in her own business. The members mutually guarantee one another's loans. If one member does not repay, the other members are responsible.
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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Journal entries for Euniles's Nyota Njema Group
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Loan has been disbursed
Location: Arusha, Tanzania
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Posted by
from Arusha, Tanzania
Jun 6, 2008 |
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Comments (1)
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Repayment Schedule for Euniles's Nyota Njema Group
Repayment Schedule for Euniles's Nyota Njema Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| September 2008 | $77.50 | $78.00 |  Repayment Received
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| October 2008 | $77.50 | $78.00 | Repayment Received
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| November 2008 | $77.50 | $78.00 | Repayment Received
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| December 2008 | $77.50 | $78.00 | Repayment Received
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| January 2009 | $77.50 | $75.50 | Repayment Received
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| February 2009 | $77.50 | $77.50 | Repayment Received
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| March 2009 | $77.50 | $77.50 | Repayment Received
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| April 2009 | $77.50 | $77.50 | Repayment Received
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| May 2009 | $77.50 | $77.50 | Repayment Received
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| June 2009 | $77.50 | $77.50 | Repayment Received
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