Twendenawakati Group


Status: Paid Back

$3,400.00   Loan Request
$3,400.00   Paid Back

About the Group

Group Name: Twendenawakati Group
Group Members: Helen Mwahende
Judith Makonde
Edna Mkoma (not pictured)
Salma Abdul
Mwanaidi Mzava
Rahabu Martin
Pili Omary
Ester Chacha
Penina Samuel
Sauda Daude (not pictured)
Maglan Mollel (not pictured)
Halima Amri
Elinala Hitler
Kulthumu Twala
Esther Zafania
Location: Dar Es Salaam, Tanzania
Activity: Poultry

About the Loan

Loan Amount: $3,400.00
Loan Use: Buy more chickens and start to sell milk and soda
Repayment Term: 5 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 16, 2009
Date Disbursed: Mar 9, 2009
Date Funded:Mar 16, 2009
Loan Ended:Jul 15, 2009

About the Country

Country:Tanzania
Avg Annual Income:$723.00
Currency:Tanzania Shillings (TZS)
Exchange Rate:1,292.0000 TZS = 1 USD



Helen Mwahende is 55 years old and a widow with five children ages 34, 30, 25, 20 and 17 years. She has a chicken business she started in 1994. She works daily from 6am until 7pm and is able to earn a monthly profit of around $154.

This will be Helen’s sixth loan from Tujijenge Tanzania. She used the previous loan to buy more chickens and pay school fees. She has repaid the loans successfully and hopes for a sixth loan to buy more chickens and to start selling milk and soda.

Helen will share this loan with her loan group, Twendenawakti, which totals 15 members. The members of the group hold each other accountable in paying back their loans. In the picture, Helen in the front in blue.




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 Twendenawakati Group


Loan has been disbursed
 
Entrepreneur: Twendenawakati Group
Location: Dar Es Salaam, Tanzania

Thank you for your loan. It has been disbursed to Twendenawakati Group, consisting of Helen Mwahende, Judith Makonde, Edna Mkoma, Salma Abdul, Mwanaidi Mzava, Rahabu Martin, Pili Omary, Ester Chacha, Penina Samuel, Sauda Daude, Maglan Mollel, Halima Amri, Elinala Hitler, Kulthumu Twala, Esther Zafania 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 17, 2009
Comment on this entry

She is hard working and it shows!
 
Entrepreneur: Twendenawakati Group
Location: Dar Es Salaam, Tanzania

Greetings from Tanzania! Thank you for supporting Helena Muahende and the Twendenawakati group with a loan. With the loan Helena received, she started selling milk & sodas. She also purchased more chicks. With the increased stock and her new business, her monthly profit rose from $154 to about $200! Helena uses the profit for house hold expenses and school fees. Helena and Twendenawakati group are very grateful for the loan and are thankful to everyone 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 24, 2009
Comments (1)

Kiva Help Repayment Schedule for Twendenawakati Group

  Expected Repayments Actual Repayments Comments
May 2009 $637.50 $637.50 Repayment Received
June 2009 $850.00 $850.00 Repayment Received
July 2009 $850.00 $850.00 Repayment Received
August 2009 $1,062.50 $1,062.50 Repayment Received