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Sauda's Uzomboko Group
In this Group: Sauda, Mwajabu, Mwema
Sauda is 35 years old and is married with 2 children, ages 21 and 15 years old. She and her husband also take care of 2 other children, ages 7 and 2 years old. Sauda started her food and fruits selling business in 2006. Everyday, she works from 8am to 9pm at her business and can earn a monthly profit of about $250 from her sales.


She now hopes for a loan to buy more food items for her business. She will share this loan with her subgroup members Mwema and Mwajabu, 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
  • 8
    View loans »
    Tanzania Loans Fundraising
  • $14,096,650
    Funds lent in using Kiva
  • 1,181.6
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Sauda's Uzomboko Group's $1,025 loan helped a member to buy more food items for her business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 14, 2008
Listed
Mar 29, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 31, 2009