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Grace's Tujikomboe Group
In this Group: Grace, Amina
Grace, 30, is married and has 2 children (ages 10 and 7). She runs a clothing business, which she began in 2005. Every day, she sells from 10 am to 5 pm, and now she can make a monthly profit of about $70 from this business.


Grace hopes for a loan to buy more clothing for resale. She will share this loan with Amina, a member of her loan group. Amina is a food vendor and lives in the same neighborhood as Grace.

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
  • 39
    View loans »
    Tanzania Loans Fundraising
  • $14,787,550
    Funds lent in using Kiva
  • 1,148.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Grace's Tujikomboe Group's $275 loan helped a member to buy clothing stock.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 28, 2008
Listed
Jan 14, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2008