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Tumaini Group
In this Group: Tamali, Mery
Tamali, 30 years old and married with two children, ages seven and three, is a fish seller in the Nzovwe neighborhood of Mbeya. Working daily at her business, she currently earns very little profit. She is requesting her first loan from BRAC Tanzania to buy more fish for resale, hoping that through this loan, her profit will increase and she will be able to grow her business.



Tamali will be sharing this loan with her fellow group member, Mery, who has her own small business selling bananas in Mbeya.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Tanzania

  • $1,900
    Average annual income
  • 46
    View loans »
    Tanzania Loans Fundraising
  • $14,804,550
    Funds lent in using Kiva
  • 1,343.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Tumaini Group's $225 loan helped a member to buy more fish for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 30, 2009
Listed
Apr 27, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010