Nikel Group

Status: Paid Back

$2,975.00		Loan Request
$2,975.00		Paid Back

About the Group

Group Name:	Nikel Group
Group Members:	Lucy Namakate Venace Joseph John Mwende Bona Malya Stela Mwalongo Leokadia Olle Atanas mwasanyagi Anna Lawrence Ashley Alli Gudila Masawe Hawa Dotto Zuwena Absalla Frida Mushi Yoeli Slaa Yasinta Msaki Tumsifu Asantelabi
Location:	Dar Es Salaam, Tanzania
Activity:	Pharmacy

About the Loan

Loan Amount:	$2,975.00
Loan Use:	to open another pharmacy
Repayment Term:	6 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Mar 2, 2009
Date Disbursed:	Feb 24, 2009
Date Funded:	Mar 2, 2009
Loan Ended:	Jul 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:	1,310.0000 TZS = 1 USD

Lucy Namakate age 30, is married with three children, ages 14, 12 and 9 years. She has a pharmacy business. She started this business in 2007 and works daily from 8am until 9pm. She is able to earn a monthly profit of around US$ 117.

This will be Lucy’s second loan from Tujijenge Tanzania. She used the previous loan to buy medicine and repaired the pharmacy shop with a new glass door and has repaid the loan successfully. She hopes for a second loan to open another pharmacy.

Lucy will share this loan with her loan group called Nikel , which totals 16 members. The members of the group hold each other accountable in paying back their loans. In the picture, Lucy is 1st on the left in a blue T-shirt.

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

Wendy
San Diego, CA
United States

Philip
Smithville, TX
United States

Breianne
Long Beach, CA
United States

Sarah
Brooklyn, NY
United States

Onno
Leidschendam, Zuid-Holland
Netherlands

Catherine
Jefferson, ME
United States

Howard & Jillian
Vence,
France

Wonga.com
London, London
United Kingdom

francesca
baton rouge, LA
United States

Anonymous

Mark and Sandy
Dillsburg, PA
United States

Scott
Lexington, KY
United States

Ryan
yakima, WA
United States

Corlett Family
Vancouver, BC
Canada

Vlad Kuznetsov
SAN FRANCISCO, CA
United States

Quinn
Las Vegas, NV
United States

neddotcom
worldwide, OR
United States

Paul
Studio City, CA
United States

Terry
KivaFriends.org , St. Louis, MO
United States

Alexandra
San Francisco, CA
United States

edward
los angeles, CA
United States

Brian and Rochelle
Medicine Hat, Alberta
Canada

Hollie
Snohomish, WA
United States

Roberts
Turlock, CA
United States

Joe
Aliso Viejo, CA
United States

Erik

Fabrizio
lainate, Milano
Italy

Thomsa

Terry & Patti
CLATSKANIE, OR. UNITED STATES

chad
hollywood, FL
United States

David
Aliso Viejo, CA
United States

Eugenia
New York, NY
United States

Jesse
Iowa City, IA
United States

JTS
O'Fallon, MO
United States

Ilan
Brooklyn, NY
United States

Helge

John
Bethlehem, PA
United States

SIID
Delaware, OH
United States

Marco
Cliffside Park, NJ
United States

Shirrell
View Park, CA
United States

caitlin

Carol
Gibsons, BC
Canada

Kimberly
Madison, WI
United States

ingrid & Hasse

Mens Group
Lawrenceville, NJ
United States

Evan
Gainesville, FL
United States

Geoff

Christmas Island

Heide
Tulsa, OK
United States

Marcia

Doug and Laura
Edmonton, AB
Canada

Allison
Chapel Hill, NC
United States

CherylS
kivafriends.org, Littleton, NC
United States

Eric
Torrance, CA
United States

Merete
OSLO
Norway

Aisha
Spring, TX
United States

Synnøve
Mo i Rana, Norway
Norway

Dean
Winnipeg, MB
Canada

Anonymous
Allston, MA
United States

Aron
Palo Alto, CA
United States

Debbie
Mount Pleasant, SC
United States

Kristen
New York, NY
United States

Nancy
KivaFriends.org, Brentwood, TN
United States

Edie
Nashville, TN
United States

Eric
Amsterdam, Noord-Holland
Netherlands

Dennis & Brenda
Crystal City, MB
Canada

Tim
Mendon, NY
United States

Anonymous
bellevue, WA
United States

Courtney
San Francisco, CA
United States

Anonymous

Sherron
New York, NY
United States

Alex
Leeds, West Yorkshire
United Kingdom

Diane
Hindsboro, IL
United States

Tristan
Turners Falls, MA
United States

Pam & Wayne
Lansdale, PA
United States

Steven
Fort Worth, TX
United States

Eric
Tuscaloosa, AL
United States

Jerome
Augusta, GA
United States

j & l
Valla Beach, NSW
Australia

Arlene

Norman
Valencia, CA
United States

Anonymous
Darien, IL
United States

Derek
Seattle, WA
United States

Anonymous
Arlington, VA
United States

Corey

Roger
Moscow, ID
United States

Azin M.
San Francisco, CA
United States

Dana&Mark
Calgary, Alberta
Canada

Donna
Reston, VA
United States

Fred
Canaan, CT
United States

Nicholas
brookline, MA
United States

Michelle
Cincinnati, OH
United States

Anonymous
Brantford, Ontario
Canada

Kyle
Lisle, IL
United States

Top Lending Teams for this group

Atheists, Agnostics, Skeptics, Freethinkers, Secular Humanists and the Non-Religious
Common Interest
7024 Members

Nurses and other Health Professionals
Common Interest
188 Members

Team Obama
Common Interest
3020 Members

Australia
Local Area
1494 Members

University of Alabama
Colleges/Universities
11 Members

Journal entries for Nikel Group

Loan has been disbursed Entrepreneur: Nikel Group Location: Dar Es Salaam, Tanzania Thank you for your loan. It has been disbursed to Nikel Group, consisting of Lucy Namakate, Venace Joseph, John Mwende, Bona Malya, Stela Mwalongo, Leokadia Olle, Atanas mwasanyagi, Anna Lawrence, Ashley Alli, Gudila Masawe, Hawa Dotto, Zuwena Absalla, Frida Mushi, Yoeli Slaa, Yasinta Msaki, Tumsifu Asantelabi by Tujijenge Tanzania Ltd in Tanzania. We are excited to watch this business grow. Over the 3 months of this loan, 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 Mar 3, 2009
Comment on this entry

The pharmacy is popular now! Entrepreneur: Nikel Group Location: Dar Es Salaam, Tanzania Greetings from Tanzania! Thank you for supporting Lucy Namakate and the Nikel group. I am happy to report she is doing extremely well. With the loan she received, she managed to open another pharmacy. As a result, her monthly profit rose to about $180! Lucy uses the additional profits to cover household expenses and to increase on the new pharmacy. Lucy and the Nikel 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 Jul 10, 2009
Comments (1)

Repayment Schedule for Nikel Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
May 2009	$929.70	$929.70	Repayment Received
June 2009	$743.76	$743.72	Repayment Received
July 2009	$743.76	$743.76	Repayment Received
August 2009	$557.78	$557.82	Repayment Received