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Frida's Valentine Group
In this Group: Frida, Prisca, Martha, Hajida
Frida has two children. She sells clothes and food, and began her business in 2002. She works daily from 7 AM to 6 PM at her business.


Frida would like to request a loan to purchase more clothes and food items for her business. She will share this loan money with her subgroup members, who deal in fruit sales and clothing merchandising.

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
  • 17
    View loans »
    Tanzania Loans Fundraising
  • $14,347,475
    Funds lent in using Kiva
  • 1,225.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Frida's Valentine Group's $825 loan helped a member to buy more clothes and food items for her business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 20, 2008
Listed
May 20, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010