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Mary's Sisikwasisi Group
In this Group: Mary, Haki
Mary J. is a 30-year-old mother of three in Dar es Salaam, Tanzania. In addition to her own children, Mary and her husband also care for three other children. To support her family, Mary has run a small food stand for the past three years. Every day, she works from 9 a.m. to 5 p.m., and earns about $190 in profit a month.

To grow her business, Mary has requested a group loan of $325. Mary's partner is Haki G., who wants to expand her cloth and soap stand.

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
  • 20
    View loans »
    Tanzania Loans Fundraising
  • $14,211,425
    Funds lent in using Kiva
  • 1,165.7
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mary's Sisikwasisi Group's $325 loan helped a member to purchase supplies for a small food stand.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 12, 2008
Listed
Mar 29, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 31, 2009