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Mariam's Kichangani Group
In this Group: Mariam, Grace, Zaituni
Mariam is a 43 year old married woman with 3 children, ages 12, 7 and 5 years old. She and her husband also take care of 3 other children, ages 12, 7 and 5 years old. Mariam owns a small store of charcoal, which she started in 1998. She works at her store everyday from 8am to 8pm and can earn a monthly profit of about $240 from her sales.


She now hopes for a loan to buy more charcoal for her business. She will share this loan with her subgroup members Grace and Zaituni, who have businesses dealing in cloth sales and a small food market.

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
  • 79
    View loans »
    Tanzania Loans Fundraising
  • $14,502,950
    Funds lent in using Kiva
  • 1,181.6
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mariam's Kichangani Group's $725 loan helped a member to buy more charcoal for her business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 10, 2008
Listed
Mar 27, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 31, 2009