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Mchanga's Jitahidini Group
In this Group: Mchanga, Fatma, Zaituni, Saumu, Munira, Maryam
Mchanga is 30 years and married with 3 children aged 2, 4 and 3. She also takes care of 2 other children aged 6 and 8 years old. She became a food seller in 2004. Every day, she works from 8am to 6pm at her business and can earn a monthly profit of about $250 from her sales.


In the past, Mchanga has taken out 1 successful loan from BRAC Tanzania to expand her business. Mchanga now hopes for a loan to buy more fish for resale and to start a new business. She will share this loan with her subgroup members, who also have businesses dealing with bicycle spare sales, snacks sales, juice sales, charcoal and firewood 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

  • $1,900
    Average annual income
  • 42
    View loans »
    Tanzania Loans Fundraising
  • $14,890,150
    Funds lent in using Kiva
  • 1,159.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mchanga's Jitahidini Group's $800 loan helped a member to buy more fish for resale and to start new business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 13, 2008
Listed
Aug 29, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010