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Jane's Maendeleo. Group
In this Group: Jane, Batuli
Jane is 30 years old, is married, and has a 12-year-old child. She and her husband also take care of 2 other people, ages 58 and 62. Jane began selling clothes in 2001. Every day, she works from 9 am to 7 pm, and earns about $70 profit a month.


In the past, Jane received a loan from BRAC Tanzania and successfully repaid the loan. She now requests a loan to buy more clothes to sell. She plans to share this loan with her group member, who sells fish.

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
  • 19
    View loans »
    Tanzania Loans Fundraising
  • $14,217,575
    Funds lent in using Kiva
  • 1,163.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Jane's Maendeleo. Group's $525 loan helped a member to buy more clothes to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 21, 2008
Listed
Mar 6, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 5, 2009