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Rahel's Peace Group
In this Group: Rahel, Naitovuaki
Rahel is married with five children. She has been selling fruit and other food items since 1993. Every day, she works from 5.30am to 4.30pm at her business and can earn a monthly profit of about $250 from her sales.

Rahel now hopes for a loan to buy more fruit and other food items for her business. She will share this loan with her subgroup member, Naitovuaki, who has also sells fruit and other food items.

This is a group loan. The loan funds will be distributed among the group members, each of whom will invest in her own business. The members mutually guarantee one another's loans. If one member does not repay, the other members are responsible.

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
  • 18
    View loans »
    Tanzania Loans Fundraising
  • $14,211,425
    Funds lent in using Kiva
  • 1,225.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Rahel's Peace Group's $450 loan helped a member to increase inventory.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 6, 2008
Listed
May 20, 2008
Currency Exchange Loss:
Covered
Ended:
May 22, 2009