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Anna's Vumilia Group
In this Group: Anna, Maria
Anna is a 27-year-old married woman with 2 children who are 8 and 11 years old, respectively. She began selling bananas in 2001 and to this day she works everyday from 7am to 8pm at her business. As a result, she generates a monthly profit of approximately $40 from her banana sales.


Anna now seeks a loan to buy more bananas for her business. She will share this loan with her subgroup member, who has vegetable-selling business.

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
  • 28
    View loans »
    Tanzania Loans Fundraising
  • $14,502,950
    Funds lent in using Kiva
  • 1,168.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Anna's Vumilia Group's $275 loan helped a member to expand and improve their respective businesses by purchasing additional fruits and vegetables.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 21, 2008
Listed
Aug 7, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010