Navigator Group

Status: Paid Back

$1,900	Loan Request Pre-Disbursed : Apr 14, 2009 Listed: Apr 16, 2009 Funded: Apr 16, 2009
$1,900	Paid Back Ended: Sep 15, 2009

About the Field Partner

Tujijenge Tanzania Ltd administers this loan. Learn more

Field Partner:

Tujijenge Tanzania Ltd

Field Partner Risk Rating:

(Learn more)

Fundraising Status:

Active

Time on Kiva:

27 months

Kiva Entrepreneurs:

4657

Total Loans:

$1,044,925

Interest & Fees are Charged:

Yes (Learn more)

Portfolio Yield:	4%
Profitability (Return on Assets):	-62%
Average Loan Size (% of Per Capita Income):	28%

Delinquency Rate:

0.96%

Default Rate:

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Tanzania
Avg Annual Income:	$723
Currency:	Tanzania Shillings (TZS)
Exchange Rate:	1,332.4960 TZS = 1 USD

In this Group:
Wilson Kibugu, Amina Mbaraka, Shida Hassan, Lucy Erenest, Shufaa Said, Deogratius Martin, Stella Edson, Hatima Chikawe

About the Loan

Location:	Dar Es Salaam, Tanzania	Repayment Term:	6 months (more info)
Activity:	Clothing Sales	Repayment Schedule:	Monthly
Loan Use:	To increase business by buying more clothes	Currency Exchange Loss:	Covered
		Default Protection:	Not Covered

Wilson Kibugu, 38, is married with two children, ages 5 and 2 years. He has been selling clothes for two years. He works daily from 8am until 9pm. He is able to earn a monthly profit of around $149.

This will be Wilson’s first loan from Tujijenge Tanzania. He wants a loan to increase his business by buying more clothes.

Wilson will share this loan with sub group A of Navigator group, which totals eight members who deal in selling food, shops, animals and clothes. The members of the group will hold each other accountable in paying back their loans. In the picture, Wilson is third from the left in a green shirt with a tie.

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

Marcel
Mijas, Malaga
Spain

Howard & Jillian
Vence,
France

Dirk L.

Germany

Adeep
Frankfurt,
Germany

NumbNut
Goonellabah, NSW
Australia

Dan
Prague,
Czech Republic

Thierry
Exmouth, Devon
United Kingdom

mary

United Kingdom

Kurt
Ågotnes,
Norway

Binu
Menlo Park, CA
United States

QueNoFollamos
Madrid, Madrid
Spain

howard and maureen
pinole, CA
United States

Per Lönn
Malmö,
Sweden

Tom
Zeist, Utrecht
Netherlands

Padre Andrew
Carterton, Oxfordshire
United Kingdom

Jonny
York, East Riding of Yorkshire
United Kingdom

Dirk
Berlin,
Germany

Ingrid
Ålesund,
Norway

c10
San Sebastian, Guipuzcoa
Spain

Molly
Stranraer, Scotland
United Kingdom

John and Georgia
Brisbane, Queensland
Australia

Cosmin
Bucuresti, ro
Romania

Abhishek Cherian George
SINGAPORE, Bedok
Singapore

Tracey
Ottawa, Ontario
Canada

Dan
Chantilly, VA
United States

Albert
Hales Corners, WI
United States

debora
Swarthmore, PA
United States

Dan
Burlington, VT
United States

Frederico
Lisboa, Lisboa
Portugal

Stefano
FIRENZE, Firenze
Italy

Buchanan Family
www.kivafriends.org, Ramsey, NJ
United States

Rebecca
Woburn, MA
United States

Omtara1008
Ross, CA
United States

Kenneth
St Augustine, FL
United States

Good Dogg
Front Porch, www.kivafriends.org
United States

Patricia
Jacksonville, FL
United States

Mark
Highland Hts, OH
United States

Maury Dergousoff
Vancouver, British Columbia
Canada

Todd: ValuePlays
Westborough, MA
United States

Nokkve
Oslo, Oslo
Norway

Randy
New Canaan, CT
United States

Kori
Newtown, PA
United States

the Dies Family
CT and MA (USA), Japan,

Savi
Stirling, Scotland
United Kingdom

Beth
Marco Island, FL
United States

Benjamin
CHICAGO, IL
United States

Glenn & Sarah
Montclair, NJ
United States

Rasid
Cagayan de Oro, Misamis Oriental
Philippines

Kamesh
San Jose, CA
United States

Christo
Taby,
Sweden

Nigel
London, England
United Kingdom

Jon
Otis Orchards, WA
United States

Rachel
Austin, TX
United States

Terry T
Calgary, Alberta
Canada

Jeff L.
Bronx, NY
United States

Levantine
Pullman, WA
United States

Dave
Valparaiso, IN
United States

Lindon 16th Scouts
Lindon, Utah
United States

Tsung Han

Taiwan

Angela
Windsor, Ontario
Canada

William
Hoodsport, WA
United States

Tony
Houston, TX
United States

Dave
Edmonton, Alberta
Canada

Dirk
AALST, Europe
Belgium

RNW
Seabrook, TX
United States

Anonymous

Andreas Dittes
Sulzfeld,
Germany

Dave
Manchester, Greater Manchester
United Kingdom

Doug
Tarzana, CA
United States

Jeremy
Chicago, IL
United States

Elizabeth
Anjou, Quebec
Canada

Top Lending Teams for this group

Atheists, Agnostics, Skeptics, Freethinkers, Secular Humanists and the Non-Religious
Common Interest
8250 Members

Team Obama
Common Interest
2964 Members

Washington State
Local Area
363 Members

AIESEC at Kiva
Alumni Groups
62 Members

Scotland
Local Area
123 Members

Journal entries for Navigator Group

Loan has been disbursed Entrepreneur: Navigator Group Location: Dar Es Salaam, Tanzania Thank you for your loan. It has been disbursed to Navigator Group, consisting of Wilson Kibugu, Amina Mbaraka, Shida Hassan, Lucy Erenest, Shufaa Said, Deogratius Martin, Stella Edson, Hatima Chikawe 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 Apr 17, 2009
Comment on this entry

He is doing fine! Entrepreneur: Navigator Group Location: Dar Es Salaam, Tanzania Greetings from Tanzania! Thank you for supporting Wilson Kibugu and the Navigator group. I am happy to report he is doing extremely well. With the loan he received, he purchased more clothes. As a result, his monthly profit rose to $158! Wilson uses the additional profits to cover household expenses and buy more clothes. Wilson and the Navigator 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 Aug 21, 2009
Comments (1)

Repayment Schedule for Navigator Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
June 2009	$237.50	$237.48	Repayment Received
July 2009	$475.00	$475.00	Repayment Received
August 2009	$593.75	$593.75	Repayment Received
September 2009	$475.00	$475.02	Repayment Received
October 2009	$118.75	$118.75	Repayment Received