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Saumu's Sharom Group
In this Group: Saumu, Monica, Mwanahamisi
Saumu is a single woman with 3 children aged 20, 18, and 17. She owns a small shop which she started in 1994. Every day, she works from 7am to 7pm at her business and can earn a monthly profit of about $45 from her sales.

Saumu now hopes for a loan to buy more items for her business. She will share this loan with her subgroup members, who also have businesses dealing with commodities sales in the market.

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
  • 40
    View loans »
    Tanzania Loans Fundraising
  • $15,298,950
    Funds lent in using Kiva
  • 1,159.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Saumu's Sharom Group's $625 loan helped a member to buy more items for her shop.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Aug 30, 2008
Jul 28, 2008
Currency Exchange Loss:
Jul 22, 2010