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Nzovwe '1' A Group
In this Group: Veronica, Jestina
For many years, Veronica has owned a small shop selling animal feed in the Nzovwe neighborhood of Mbeya. She currently earns very little monthly profit. Every day she works at her business for 12 hours.

She is requesting her first loan from BRAC Tanzania so that she can buy more animal feed for resale. She is hoping that through this loan, her profit will increase and she will be able to grow her business.

Veronica is 45 years old, married, and has five children aged 25, 24, 18, 16, and 15. She also cares for two additional dependents. She will be sharing this loan with her fellow group member, Jestina, who has her own small business selling milk 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
  • 74
    View loans »
    Tanzania Loans Fundraising
  • $15,099,350
    Funds lent in using Kiva
  • 1,333.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Nzovwe '1' A Group's $225 loan helped a member to buy more animal feed for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 23, 2009
May 21, 2009
Currency Exchange Loss:
Jul 22, 2010