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Mwaka's Salmini Group
In this Group: Mwaka, Batuli, Tatu, Zihaka
Mwaka is 45 years old and married. She takes care of 3 children aged 3 years old. She is a livestock keeper and she has been a firewood seller since 1990. Every day she works from 7 AM to 8 PM at her business and can earn a monthly profit of about $35 from her sales.


Mwaka now hopes for a loan to increase her inventory. She will share this loan with her subgroup members, who have businesses dealing with the sale of clothes, perfumes, soft drinks and firewood.

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
  • 23
    View loans »
    Tanzania Loans Fundraising
  • $14,498,850
    Funds lent in using Kiva
  • 1,157.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mwaka's Salmini Group's $450 loan helped a member to increase her inventory.
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