Waridi Group
Status: Paid Back
| $5,000.00 | Loan Request | |
|---|---|---|
| $5,000.00 | Paid Back |
About the Group
| Group Name: | Waridi Group |
|---|---|
| Group Members: |
Zaina Mpwanga Zahara Athuman Renarda Edesi Rukia Kaunda Esther Idnas Merry Njovu Johari Ally Victus Batloned Zuwena Athuman Nice Issack Nuru Mohamed Hamida Abdul Everlane Mbuya Ziada Kamanga Deusi Lucian Fabiora Kamanga Silvia Ezekiel Elizabeth Chizum |
| Location: | Dar Es Salaam, Tanzania |
| Activity: | Clothing Sales |
About the Loan
| Loan Amount: | $5,000.00 |
|---|---|
| Loan Use: | Increase capital and buy bakiing flour and cooking oil. |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Apr 1, 2009 |
| Date Disbursed: | Mar 17, 2009 |
| Date Funded: | Apr 8, 2009 |
| Loan Ended: | Aug 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: | 1,305.0000 TZS = 1 USD |
Zaina Mpwanga, age 59, is married with two children ages 29 and 25. She has two grandsons. Zaina sells clothes from door to door and also supplies small hotels. She started her businesses in 1997 and works daily from 9am until 5pm. Zaina is able to earn a monthly profit of around $167.
Zaina will share this loan with her group, Waridi which totals 20 members. Members of the group hold each other accountable for repaying their loans. In the picture, Zaina is second from left, front row.
This will be Zaina’s third loan from Tujijenge Tanzania. She used the previous loan to increase capital, built three frames for renting and bought 50kg of baking flour. Zaina has repaid the loans successfully. She now hopes for another loan to increase capital by buying baking flour and cooking oil.
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
Zaina will share this loan with her group, Waridi which totals 20 members. Members of the group hold each other accountable for repaying their loans. In the picture, Zaina is second from left, front row.
This will be Zaina’s third loan from Tujijenge Tanzania. She used the previous loan to increase capital, built three frames for renting and bought 50kg of baking flour. Zaina has repaid the loans successfully. She now hopes for another loan to increase capital by buying baking flour and cooking oil.
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 Waridi 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
Apr 8, 2009 |
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Comment on this entry
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She is hard working!
Location: Dar Es Salaam, Tanzania
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Posted by
Rita Nyaborogo from Dar Es Salaam, Tanzania
Aug 21, 2009 |
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Comment on this entry
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Repayment Schedule for Waridi Group
Repayment Schedule for Waridi Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| June 2009 | $1,875.00 | $1,875.00 |  Repayment Received
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| July 2009 | $1,250.00 | $1,250.00 | Repayment Received
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| August 2009 | $1,562.50 | $1,562.50 | Repayment Received
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| September 2009 | $312.50 | $312.50 | Repayment Received
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