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Jane's Udugu Group
In this Group: Jane, Fatuma, Frida, Siwema
Jane is a married woman with a 1-year-old child. Jane owns a small grocery store, which she started in 2007. Every day, she works from 6am to 6pm at her business and can earn a monthly profit of about $65 from her sales.

She now hopes for a loan to buy more food items for her business. She will share this loan with her subgroup members Fatuma, Frida, and Siwema, who have grocery stores and a studio.

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
  • 36
    View loans »
    Tanzania Loans Fundraising
  • $14,890,150
    Funds lent in using Kiva
  • 1,206.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Jane's Udugu Group's $725 loan helped a member to buy more food items for her business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 30, 2008
Listed
May 30, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010