Mwasiti Bakari's Masasi Group

Status: Paid Back

$3,750.00		Loan Request
$3,750.00		Paid Back

About the Group

Group Name:	Mwasiti Bakari's Masasi Group
Group Members:	Mwasiti Bakari Fatuma Mkumba Zuwena Hamisi Bahati Ambali Sabra Bakari Zamda Sadick Mwanahamisi Selemani Mariam Ally Salama Nasoro Arafa Haji Asha Salum Said Yusuph Shamira Mohamed Shamira Salum Siyenu Bakary
Location:	Dar Es Salaam, Tanzania
Activity:	Mobile Phones

About the Loan

Loan Amount:	$3,750.00
Loan Use:	To increase phone credit business
Repayment Term:	6 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Nov 1, 2008
Date Disbursed:	Nov 17, 2008
Date Funded:	Nov 3, 2008
Loan Ended:	Apr 15, 2009

About the Field Partner

Field Partner:

Tujijenge Tanzania Ltd

Field Partner Risk Rating:

(Learn more)

Active

24 months

4029

$916,375

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Tanzania
Avg Annual Income:	$723.00
Currency:	Tanzania Shillings (TZS)
Exchange Rate:	1,265.0000 TZS = 1 USD

Mwasiti Bakari, aged 24, is married with one son, four years old. She has a business selling prepaid phone credit, which she started in 2000. She operates stands in two areas: the city center and an area called Mbagala. She works with her husband from 7am to 7pm daily and is able to make a monthly profit of about $112.

Mwasiti has taken out two previous loans from Tujijenge Tanzania. She used the loans to open the second shop in Mbagala and has paid the loans back successfully. She now hopes for a new loan to increase both businesses, but specifically the one in Mbagala.

Mwasiti will share this loan with her loan group, Masasi, which totals 15 members. These members hold each other accountable in paying back their loans. In the picture, Mwasiti is in the second row from the front, on the left.

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

Lenders to this group

mariette
eindhoven,
Netherlands

Greta Galeazzi
GALEAZZI GRETA, EUROPEAN CITIZEN
Italy

Dwight
Denver, CO
United States

Marcel
Mijas, Malaga
Spain

Anonymous
Rochester, NY
United States

Bob & Chris
Newport News, VA
United States

Mark
atlanta, GA
United States

KIVA Shopping Club #1
KivaFriends.org, Birmingham, AL
United States

Louis-Eric Simard
Montreal, Quebec
Canada

Tobias
Würzburg,
Germany

Claus-Peter
www.kivafriends.org,
Germany

neddotcom
worldwide, OR
United States

wookie
Alexandria, Va
United States

Joanne
Victoria, British Columbia
Canada

Esben og Charlotte
Aarre, Denmark
Denmark

Herschel
Beaumont, TX
United States

Dave
Westmoreland,, TN
United States

A&U
Houston, TX
United States

Fabian
Leinfelden,
Germany

Terje
Ulset,
Norway

Gil
Hilo, HI
United States

Agnieszka
Long Beach, CA
United States

Michael
Chicago, IL
United States

Keyur
Decatur, IL
United States

Elizabeth
Eagle, CO
United States

Theresa & Allen
Rockville, MD
United States

Agung
Columbus, OH
United States

Ken
Cincinnati, OH
United States

michelle
Seattle, WA
United States

Laura
Bothell, WA
United States

Samuel
Irvington, NJ
United States

John
winfield, IL
United States

Brian
New York, NY
United States

Jean Synodinos
Austin, TX
United States

Richard
Pocatello, Idaho
United States

Rick
Cuperino, CA
United States

Zoe
Berkeley, CA
United States

Darryl
Perth, Western Australia
Australia

Nick
Auckland,
New Zealand

Dom
London,
United Kingdom

Joeboy
Park Island,
India

Peter
Winsley, Wiltshire
United Kingdom

Debbie
Charleston, SC
United States

Patrick
Portage, MI
United States

Val & Derek
Thornton, Colorado
United States

Howard & Jillian
Vence,
France

Aaron
Ottawa, Ontario
Canada

Jaakko
Alexandria, VA
United States

Samantha
orrington, ME
United States

Jim & Maggie
Tacoma, WA
United States

Michael
Seattle, WA
United States

UST MicroCredit Program
Houston, TX
United States

Anonymous
Portland, OR
United States

James Yeang
Kuala Lumpur,
Malaysia

Joe
San Jose, CA
United States

Mariel
Burnsville, MN
United States

Charles
Los Angeles, CA
United States

Persian
Campbell, CA
United States

Victor A. Roestad
Oslo, Oslo
Norway

Claus
Frederiksberg,
Denmark

Laurent D
Brussels,
Belgium

RONALD
TUCSON, AZ
United States

Judith
St. Peter, MN
United States

Christopher
Belfast, Antrim
Ireland

susan
Toronto, Ontario
Canada

Lorna & Critters
Kanata, Ontario
Canada

Azzam
Forest Hill, MD
United States

Clifford
Atlanta, GA
United States

Matthew
Toronto, Ontario
Canada

Duque
Lisboa, Lisboa
Portugal

Matt and Deb
Frisco, CO
United States

Eric
Agoura Hills, CA
United States

Class of 70
various places,
United Kingdom

Frances
Tannersville, PA
United States

Anonymous

David
Dayton, OH
United States

dona&ed
ENCINITAS, CA
United States

Marian
New Hope, PA
United States

Sharon
warren, PA
United States

Ingvar
Stockholm, kivafriends.org
Sweden

Mathias
Wettenberg,
Germany

Vicki
Kent, WA
United States

Jessica
San Diego, CA
United States

Katharina
Regensburg,
Germany

Joanne
Saint-Lambert, Quebec
Canada

younes
Reston, VA
United States

Christopher
London,
United Kingdom

Gabe
Palo Alto, CA
United States

Eric
Edmonton, Alberta
Canada

kristine
nannestad,
Norway

Ann
Belcamp, MD
United States

mary
victoria, British Columbia
Canada

Joe

karola
bruehl,
Germany

Alexandre
Cascais, Cascais
Portugal

Greg
El Macero, CA
United States

Peter
Vejby, Sj
Denmark

Weymouth Rotary
Weymouth, Dorset
United Kingdom

Alexander
Las Vegas, NV
United States

David
Redding, CA
United States

Kristen

Allison
Eden Prairie, MN
United States

Barbara

Andy
Cornelius, NC
United States

SIFE UNT
Arlington, TX
United States

trudy
davisburg, MI
United States

Alexandra

Charles

Dave
Toronto, Ontario
Canada

Anonymous
Delmar, NY
United States

Marci
Bath, NC
United States

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Journal entries for Mwasiti Bakari's Masasi Group

Loan has been disbursed Entrepreneur: Mwasiti Bakari's Masasi Group Location: Dar Es Salaam, Tanzania Thank you for your loan. It has been disbursed to the Mwasiti Bakari's Masasi Group group, consisting of Mwasiti Bakari, Fatuma Mkumba, Zuwena Hamisi, Bahati Ambali, Sabra Bakari, Zamda Sadick, Mwanahamisi Selemani, Mariam Ally, Salama Nasoro, Arafa Haji, Asha Salum, Said Yusuph, Shamira Mohamed, Shamira Salum, Siyenu Bakary 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 Nov 18, 2008
Comment on this entry

Salon is popular Entrepreneur: Mwasiti Bakari's Masasi Group Location: Dar Es Salaam, Tanzania Greetings from Tanzania! Thank you for supporting Mwasiti Bakari and the Masasi group. I am happy to report she is doing extremely well. With the loan she received, she purchased more prepaid phone credits for the two stations. As a result, her monthly profit rose to $123! Mwasiti uses the additional profits to cover household expenses and to increase stock on Mbagala shop Mwasiti and the Masasi group are very grateful for the loan and are thankful to every one who has supported them. To see other loans being fundraised by Tujijenge Tanzania, please click on the following link: http://www.kiva.org/app.php?page=businesses&partner_id=87&status=fundRaising&sortBy=New+to+Old&_tpg=fb
Posted by Rita Nyaborogo from Dar Es Salaam, Tanzania May 7, 2009
Comments (1)

Repayment Schedule for Mwasiti Bakari's Masasi Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
February 2009	$937.50	$937.50	Repayment Received
March 2009	$937.50	$937.50	Repayment Received
April 2009	$937.50	$937.50	Repayment Received
May 2009	$937.50	$937.50	Repayment Received