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Catherine's Omega Group
In this Group: Catherine, Aimbora, Catherine, Ndesongosio, Sophia, Elishiila, Gladness
Catherine is 43 years. She is married with four children between the ages of twelve and twenty one. She became a rice seller in 2003. Every day she works from 8am to 7pm at her business and earns a monthly profit of about $250 from her sales.


Catherine now hopes for a loan to buy more rice for her business. She will share this loan with her subgroup members who also have retail businesses selling oil, milk, and potatoes.

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
  • 38
    View loans »
    Tanzania Loans Fundraising
  • $14,804,600
    Funds lent in using Kiva
  • 1,155.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Catherine's Omega Group's $2,225 loan helped a member to buy more rice for her business and help other group members with their retail businesses.
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