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Felista's Muungano Group
In this Group: Felista, Fatuma
Felista is 30 years old. She is a married woman with 1 child aged 10. She has owned and run a small pharmacy since 2005. She works everyday from 6.30am to 9pm and can earn a monthly profit of about $250 from her sales.


Felista requests a loan to buy more medicine and medical items for her business. She will share this loan with her subgroup member Fatuma, who has a business selling charcoal.

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
  • 18
    View loans »
    Tanzania Loans Fundraising
  • $14,218,675
    Funds lent in using Kiva
  • 1,154.4
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Felista's Muungano Group's $400 loan helped a member to increase her inventory.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 12, 2008
Listed
Aug 29, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010