Ari Mpya Group
Status: Paid Back
| $2,725.00 | Loan Request | |
|---|---|---|
| $2,725.00 | Paid Back |
About the Group
| Group Name: | Ari Mpya Group |
|---|---|
| Group Members: |
Rehema Hasan Mariam Musa Mwajuma Selemani Bariki Moses Hasani Mtambo (not pictured) Mary Stela Alfred Halima Mbaruku Hawa Athumani Mayasa Gimba Mwamvua Freji (not pictured) Zainabu Mohamed Tausi Juma Tausi Selemani Haruna Jositua Elizabeth Chagula Ashura Mreme Sada Juma |
| Location: | Dar Es Salaam, Tanzania |
| Activity: | Fish Selling |
About the Loan
| Loan Amount: | $2,725.00 |
|---|---|
| Loan Use: | To buy more fish and pay children's school fees. |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Dec 4, 2008 |
| Date Disbursed: | Dec 2, 2008 |
| Date Funded: | Dec 8, 2008 |
| Loan Ended: | Apr 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Tujijenge Tanzania Ltd |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 24 months |
| Kiva Entrepreneurs: | 4029 |
| Total Loans: | $916,375 |
| Delinquency Rate: | 0.00% |
| 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: | 1,240.0000 TZS = 1 USD |
This will be Rehema’s fourth loan from Tujijenge Tanzania. She used the previous loans to increase the stock of fish and she repaid the loans successfully. She now hopes for the fourth loan to buy more stock of fish as she is now having more orders and she is going to pay her child’s school fees as well.
Rehema will share this loan with her loan group, Ari Mpya, which totals 17 members. The members of the group hold each other accountable in paying back their loans. In the picture, Rehema is to the left of the person in red in the front row.
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 Ari Mpya Group
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Loan has been disbursed
Location: Dar Es Salaam, Tanzania
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Posted by
from Dar Es Salaam, Tanzania
Dec 9, 2008 |
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Comment on this entry
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Sabina is doing great!
Location: Dar Es Salaam, Tanzania
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Posted by
Rita Nyaborogo from Dar Es Salaam, Tanzania
May 11, 2009 |
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Comment on this entry
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Repayment Schedule for Ari Mpya Group
Repayment Schedule for Ari Mpya Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| February 2009 | $681.24 | $681.24 |  Repayment Received
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| March 2009 | $681.24 | $681.24 | Repayment Received
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| April 2009 | $681.24 | $681.24 | Repayment Received
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| May 2009 | $681.28 | $681.28 | Repayment Received
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