Check out some available loans that are similar to this one!
Lilian's Group
In this Group: Lilian, Frida, Grace
Lilian has owned a shop in Arusha since 2005. She is 47 years old, married, and has four children, ages 18, 24, 27, and 37. She also cares for one 23-year-old dependent. She works at her shop daily from 8:00am to 8:00pm and generates a profit of approximately $200 each month.


Lilian has taken out two previous loans from BRAC Tanzania. She paid them both back successfully and on time. With this loan, she hopes to buy more materials to help her expand her business. She will be sharing this loan with her two group members, Frida and Grace. Frida owns a salon in Arusha, and Grace owns a butcher shop.

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
  • 20
    View loans »
    Tanzania Loans Fundraising
  • $14,347,475
    Funds lent in using Kiva
  • 1,157.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Lilian's Group's $1,125 loan helped a member to buy more items to increase her inventory.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 13, 2008
Listed
Aug 28, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010