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Atugamile's Molemo Group
In this Group: Atugamile, Anna, Mwanahamisi
Atugamile, age 45, is married with 4 children (ages 12, 15, 21, and 25). She owns a shop which she started in 2004. She sells a variety of general items there from 5am to 6pm daily. The shop brings her a monthly profit of about $60.

Atugamile has taken a loan from BRAC Tanzania in the past to buy more inventory for her shop. She now hopes for a new loan for the same purpose. She will share this loan with her subgroup who have businesses dealing in food sales.

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

  • $1,700
    Average annual income
  • 34
    View loans »
    Tanzania Loans Fundraising
  • $14,511,225
    Funds lent in using Kiva
  • 1,140.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Atugamile's Molemo Group's $900 loan helped a member to buy shop inventory.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 9, 2008
Listed
Jan 24, 2008
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2009