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Sara's Hiari Ya Moyo Group
In this Group: Sara, Elizabeth, Zabira, Pudensia, Monica
Sara is 50 years old and is married with 5 children, ages 7 to 18 years old. She and her husband also take care of two other children. Sara owns a small animal stock, a business she started in 1998. Every day, she works from 7am to 6pm at her business, and can earn a monthly profit of about $60 from her sales.


She now hopes for a loan to buy more animals to increase her stock. She will share this loan with her subgroup members Elizabeth, Zabira, Pudensia, and Monica, who have businesses dealing in fruits 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
  • 27
    View loans »
    Tanzania Loans Fundraising
  • $14,316,250
    Funds lent in using Kiva
  • 1,212.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Sara's Hiari Ya Moyo Group's $750 loan helped a member to buy more animals to increase her stock.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 25, 2008
Listed
May 11, 2008
Currency Exchange Loss:
Covered
Ended:
May 13, 2009