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Celina's Raha Group
In this Group: Celina, Veronica, Pili, Asha, Zainabu
Celina is 31 years old and married. She and her husband take care of 2 people, ages 22 and 20. Celina started catering in 2000. She works from 7am to 6pm every day and earns a monthly profit of approximately $550 from her sales.


She now hopes for a loan to open a new business. She will share this loan with her subgroup members Veronica, Pili, Asha and Zainabu who have businesses dealing in food vending, charcoal sales and a salon.

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
  • 97
    View loans »
    Tanzania Loans Fundraising
  • $14,502,950
    Funds lent in using Kiva
  • 1,230.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Celina's Raha Group's $1,150 loan helped a member to open a new business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 25, 2008
Listed
May 27, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010