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Asia's Muongozo Group
In this Group: Asia, Angela
Asia is 26 years old and is a married woman with a 2-year-old child. Asia owns a small cosmetics shop, which she started in 2006. Every day, she works from 8am to 4pm at her business and can earn a monthly profit of about $155 from her sales.

She now hopes for a loan to buy more cosmetics for her business. She will share this loan with her subgroup member Angela, who sells food.

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

  • $1,900
    Average annual income
  • 46
    View loans »
    Tanzania Loans Fundraising
  • $14,890,150
    Funds lent in using Kiva
  • 1,238.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Asia's Muongozo Group's $300 loan helped a member to buy more cosmetics items for her business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 17, 2008
Listed
May 29, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010