Tunu's Muongozo Group

Status: Paid Back

$500
Loan Request
Disbursed : May 31, 2008
Listed: May 17, 2008
Funded: May 17, 2008
$500
Paid Back
Ended: May 18, 2009

About the Country

Country:Tanzania
Avg Annual Income:$723
Currency:Tanzania Shillings (TZS)
Exchange Rate:1,212.5000 TZS = 1 USD


In this Group:
Grace Venance, Habiba Athumani, Tunu Salehe

About the Loan

Location: Dar Es Salaam, Tanzania   Repayment Term: 12 months
(more info)
Activity: Health   Repayment Schedule: Monthly
Loan Use: To buy more GLND drug products for her business.   Currency Exchange Loss: Covered
      Default Protection: Covered
Tunu is 34 years old and is a divorced woman with four children, ages 17, 15, 13 and 6. Tunu sells GLND vitamins and supplements. She started in 2006 and every day she works from 8am to 6pm at her business and can earn a monthly profit of about $140 from her sales.


She now hopes for a loan to buy more GLND drug products for her business. She will share this loan with her sub-group members Habiba and Grace, who have food vending businesses.



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


Subscribe

Lenders to this group

Kristine
Molde, -
Norway

Anonymous

Valerie
Portland, OR
United States

m g
san marcos, CA
United States

pearce
ottawa, Ontario
Canada

Joshua
San Dimas, CA
United States

Justin
Marietta, OH
United States

Rix & Erica
Fort Worth, TX
United States

Joseph
Grand Rapids, MI
United States

Ayemya
james island, SC
United States

Jamie
Vancouver, British Columbia
Canada

Paul
Tampa, FL
United States

Patrick Hogan
Beaver Dam, WI
United States



Journal entries for Tunu's Muongozo Group


Loan has been disbursed
 
Entrepreneur: Tunu's Muongozo Group
Location: Dar Es Salaam, Tanzania

Thank you for your loan. It has been disbursed to the Tunu's Muongozo group, consisting of Tunu Salehe, Habiba Athumani, Grace Venance by BRAC Tanzania in Tanzania. We are excited to watch this business grow. Over the next 10 months, BRAC Tanzania will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Dar Es Salaam, Tanzania
Jun 1, 2008
Comment on this entry

Kiva Help Repayment Schedule for Tunu's Muongozo Group

  Expected Repayments Actual Repayments Comments
August 2008 $50.00 $0.00 Repayment Received
September 2008 $50.00 $50.00 Repayment Received
October 2008 $50.00 $50.00 Repayment Received
November 2008 $50.00 $50.00 Repayment Received
December 2008 $50.00 $50.00 Repayment Received
January 2009 $50.00 $100.00 Repayment Received
February 2009 $50.00 $50.00 Repayment Received
March 2009 $50.00 $50.00 Repayment Received
April 2009 $50.00 $50.00 Repayment Received
May 2009 $50.00 $50.00 Repayment Received