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Elice's Haradadi Group
In this Group: Elice, Elizabeth, Elinansha, Lilian
Elice N. is 28 years old. She is a married woman with 2 children, ages 8 and 4. She became a clothes seller in 2002. Every day, she works from 7am to 12pm at her business and can earn a monthly profit of about $50 from her sales.


Elice now hopes for a loan of $1350 to buy more clothes (khanga) for her business. She will share this loan with her subgroup members, who have businesses dealing with banana and milk sales, clothes sales, maize and beans and poultry sales .

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
  • 14
    View loans »
    Tanzania Loans Fundraising
  • $14,211,425
    Funds lent in using Kiva
  • 1,163.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Elice's Haradadi Group's $1,350 loan helped a member to buy more clothes (khanga) for her business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 13, 2008
Listed
Aug 20, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010