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Amanda's Maendeleo Group
In this Group: Amanda, Honorina, Meresia, Merry
Amanda is married and has a one-year-old child. In 2005, she went into business selling chickens, and she now works at her trade daily from 8 a.m. to 8 p.m. She has applied for a loan to buy more chickens to raise and to sell to her customers. Amanda will divide her loan with the other three members of her group, Honorina, Meresia and Merry, all of whom run small businesses of their own.

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
  • 39
    View loans »
    Tanzania Loans Fundraising
  • $14,311,200
    Funds lent in using Kiva
  • 1,159.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Amanda's Maendeleo Group's $1,125 loan helped a member to buy more chickens to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 26, 2008
Listed
Jul 26, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010