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Beatrice's Confidence Group
In this Group: Beatrice, Jehovanissi, Hawa, Rukia, Miriam
Beatrice is 42 years old, married, and has 3 children. They are 14, 16, and 22. Beatrice owns a nursery school, which she began in 2003. She works there everyday from 8 AM to 1 PM, and earns an average of $190 from her sales.


Beatrice would like to apply for a loan to purchase more items, such as books and chalk for her school. She will share this loan with her subgroup members, who deal in cosmetics and catering businesses.

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
  • 1,225.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Beatrice's Confidence Group's $625 loan helped a member to buy more items (books and chalk) for her school.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 4, 2008
Listed
May 20, 2008
Currency Exchange Loss:
Covered
Ended:
May 21, 2009