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Stella's Maendeleo Group
In this Group: Stella, Isabela
Stella is a single woman with 4 children, ages 22, 13, 8, and 2 and a half years old. She also takes care of 3 other people, ages 50, 40, and 25 years old. Stella owns a small grocery store, which she started in 1997. Every day, she works from 6am to 5pm at her business and can earn a monthly profit of about $70 from her sales.


She now hopes for a loan to buy more items for her business. She will share this loan with her subgroup member Isabela, who has a little cafe.

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
  • 10
    View loans »
    Tanzania Loans Fundraising
  • $14,089,300
    Funds lent in using Kiva
  • 1,158.8
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Stella's Maendeleo Group's $350 loan helped a member to buy more items for her business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 31, 2008
Listed
Mar 16, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 27, 2009